This book covers a ‘topic-wise’ comprehensive commentary under the Insolvency & Bankruptcy Code 2016 (IBC). It seeks to answer the questions faced by professionals on a routine basis.
The Present Publication is the 2nd Edition, authored by V.S. Datey, updated till February 2022. The structure of the book is as follows:
• Background
• Overview of the Pre-Packaged Insolvency Resolution Process (PPIRP)
• Eligibility & Conditions to Apply for PPIRP
• Initiation of PPIRP by Corporate Debtor
• Procedure for PPIRP after Admission of Application
• Constitution and Functioning of Committee of Creditors
• Submission and Approval of Resolution Plan by CoC & AA
• Adjudication, Appeals and Penalties under PPIRP
• Offences & Penalties in Relation to PPIRP
• General Provisions & Procedural Aspects of NCLT & NCLAT