EBC Learning Course on Initiating Corporate Insolvency Resolution Process Filing Petition under IBC

The Insolvency and Bankruptcy Code has changed the way NPAs are managed in India. IBC consolidates all the laws related to insolvency in India by creating a single law. It helps to ensure confidence of banks, foreign investors, and associated companies in crisis mitigation mechanisms.

As a law practitioner, insolvency practitioner or a creditor, it is essential to learn the procedure for filing an insolvency petition. This course takes the learner through the various aspects of filing petitions under the IBC whether as a financial creditor, operational creditor or as a corporate applicant.

REQUIREMENTS

You can take this course, if:

• You are a recent law graduate or graduating from law school
• You have a basic understanding of legal practice and procedure
• You are a creditor/corporate initiating IRP
• You already know the basics of Insolvency & Bankruptcy Law (If not, you can also watch our course on ‘Insolvency Essentials’)

• 1. Introduction
  • 1.1 Welcome
  • I. Examination pointers
• 2. General meetings
  • I. Relevant sections
  • 2.1 Locus and jurisdiction
  • 2.2 Who cannot invoke?
• 3. Filing by financial creditors
  • I. Relevant sections
  • 3.1 Introduction
  • 3.2 Initiating the Insolvency Resolution Process on default in repayment of financial debt
  • 3.3 Person who can file an application under Section 7
  • 3.4 Specific category of financial creditors
  • 3.5 Gathering information
  • 3.6 Setting the wheels in motion
  • 3.7 Filing the application: Filling the form
  • 3.8 Crash landing or safe landing
  • 3.9 Procedural aspect
  • 3.10 Accepting or rejecting application
  • 3.11 Withdrawal
  • 3.12 Admitting application and appointing IRP
  • 3.13 Moratorium
  • 3.14 Public announcement
  • II. Examination pointers
  • III. Full text of leading cases
• 4. Filing by operational creditors
  • I. Relevant sections
  • 4.1 Introduction
  • 4.2 Demand notice with invoice
  • 4.3 Demand notice Form 3
  • 4.4 Disputing the operational debt
  • 4.5 Initiating CIRP
  • 4.6 Procedure for filing
  • 4.7 Notice to corporate debtor
  • 4.8 Accepting application
  • 4.9 Rejecting application
  • II. Examination pointers
  • III. Full text of leading cases
• 5. Insolvency by corporate applicant
  • I. Relevant sections
  • 5.1 Introduction
  • 5.2 Eligibility as a corporate applicant
  • 5.3 Application by corporate applicant
  • 5.4 Filing as corporate applicant
  • II. Examination pointers
• 6. Conclusion
  • 6.1 Road ahead
• I. Exercises
  • Exercise Set I
  • Exercise Set II
  • Exercise Set III
  • Exercise Set IV
• II. INDEX (FULL TEXT OF CASES)
  • INDEX: Full text of cases