Taxmann’s Insolvency and Bankruptcy Code Ready Reckoner by V.S. Datey – 1st Edition July 2021

Insolvency & Bankruptcy Code Ready Reckoner is a comprehensive, topic-wise commentary on laws governing Insolvency & Bankruptcy in India [as amended by the Insolvency and Bankruptcy Code (Amendment) Ordinance 2021]. This book covers an analysis of the following Laws:

• Insolvency and Bankruptcy Code, 2016
• Recovery of Debts and Bankruptcy Act, 1993
• Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFESI Act)

The book intends to provide answers to the practical issues faced by professionals on a routine basis. It provides complete and accurate information about all provisions of Insolvency and Bankruptcy Laws.

The Present Publication is the Latest Edition, authored by V.S. Datey, updated till 30^th June 2021, with the following noteworthy features:

• [Topic-wise Commentary] on the Insolvency & Bankruptcy Code, 2016
• Analysis of all provisions of the Insolvency and Bankruptcy Code, 2016 with relevant Rules/Regulations, Judicial Pronouncements, Circulars and Notifications
• [Previous Amendments] made by the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021
• [Short Commentary] on Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021

The contents of the book are as follows:

• Declining Stage of an Organisation
• Insolvency Professional
• Insolvency Resolution of Corporate Persons
• Conducting Corporate Insolvency Resolution Process
• Resolution Plan by Resolution Applicant
• Fast Track Corporate Insolvency Resolution Process
• Pre-Packaged Insolvency Resolution Process (PPIRP)
• Procedure for PPIRP after Admission of Application
• Submission and Approval of Resolution Plan under PPIRP
• Liquidation of Corporate Persons
• Admission and Proof of Claims by Liquidator
• Realisation and Distribution of Assets by Liquidator
• Payment of Dues to Stakeholders after Liquidation or during Formulation of Resolution Plan
• Voluntary Liquidation of Companies
• Adjudication and Appeals for Corporate Persons
• Cross Border Insolvency and Bankruptcy
• Offences and Penalties in relation to Corporate Insolvency
• Bankruptcy for Individuals and Partnership Firms
• Fresh Start Process
• Insolvency Resolution of Individual and Firm
• Bankruptcy Order for Individuals and Firms
• Bankruptcy Trustee
• Settlement of Claims against Bankruptcy
• Compromises, Arrangements, and Amalgamations
• Registered Valuers
• Removal of Name of Companies from Register of Members
• NCLT and NCLAT
• Recovery of Debts and Bankruptcy Act, 1993
• Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFESI Act)
• RBI Direction on Resolution of Stressed Assets

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