Academic Programme

The academic programme covers an introduction to the history of insolvency law in India and the provisions of Insolvency and Bankruptcy Code, 2016.

The Summer School is tailored to provide the participants with an in-depth knowledge of the following topics-

  1. Provisions of the Insolvency and Bankruptcy Code, 2016
  2. History, Applicability and Bankruptcy Law Reforms Committee Report, 2014-2015
  3. Operational and Financial Creditors
  4. Corporate Insolvency Resolution Process
  5. Ineligible Resolution Applicants
  6. Waterfall mechanism
  7. Settlement plan provisions
  8. Particulars of Resolution Plan
  9. Overriding effect of insolvency laws
  10. Role of the committee of creditors and the insolvency professionals
  11. Major cases which developed insolvency jurisprudence in India
  12. Role of the National Company Law Tribunal and the Debt Recovery Tribunal
  13. Various types of financing and security agreements
  14. Corporate and Personal guarantees
    1. Moratorium under Section 14 of Insolvency and Bankruptcy Code, 2016
    2. Enforcement during the Corporate Insolvency Resolution Plan
    3. Surety’s claim in the Resolution Plan
  15. Valuations aspects in asset maximization
  16. Cross-border Insolvency
    1. UNCITRAL Model Law on Cross-Border Insolvency
    2. Section 234 & 235 of Insolvency and Bankruptcy Code, 2016
    3. Recommendations of the Eradi Committee Report (2000), the N. L. Mitra Committee (2001) and the Injeti Srinivas Committee (October 2018)

 

Best Performer Award & Internship Opportunity

The best performing participant in this Summer School will receive “Best Performer Award” by Umang Foundation. In addition to this, one best performing participant will secure an internship with the firm specialising in Insolvency. The criteria for the internship will be solely based on the competition to be organised during the summer school.