An exhaustive section-wise commentary on Insolvency and Bankruptcy Code, 2016 with Rules, Regulations, Notifications, Circulars, Guidelines, Orders, Reports, Forms and Texts of Allied Acts.
Coverage:
Volume 1 - Exhaustive commentary on each section, sub-section, clause and sub-clause giving complete legislative history, deliberations, observations and recommendations of various Committees and analysis of judgments of NCLT, NCL-AT, High Courts and Supreme Court. The detailed synopsis prefacing each section covers all dicey issues arising in practice.
Volume 2 - IBC Regulations, IBC Rules, Notifications, Circulars, Orders, Guidelines, Reports, National Company Law Tribunal Rules, 2016, National Company Law Appellate Tribunal Rules, Companies (Transfer Of Pending Proceedings) Rules, 2016, RBI (Prudential Framework for Resolution of Stressed Assets) Directions, 2019
Features:
- Comprehensive section-wise, sub-section-wise, clause-wise and sub-clause-wise commentary on the Code.
- A Chapter on "Principles of Interpretation" replete with important case law in India and abroad pertaining to salient principles of interpretation including non-English words and phrases, to assist in interpreting the dicey issues with help of important principles of interpretation and rules of construction.
- Reference to the date of coming into force of each section with relevant notification.
- Legislative History of each section with the Notes on Clauses, followed by all amendments to the Code made till date.
- Synopsis prefacing each section showing important issues covered by each sub-section, clause and sub-clause, to facilitate quick reference to point at issue.
- Incisive analysis of all sections and presentation of their complicated contents in an easy-to-understand structure.
- Incisive analysis of important judgements of NCLT, NCL-AT, High Courts and Supreme Court.
- Exhaustive subject-index at the end of Volume-1 for quick retrieval of important topics.
- Appendix containing texts of all Regulations, Rules and Guidelines along with important Circulars and Orders, NCLT and NCL-AT Rules.
Foreword
This well-structured, comprehensive, and meticulously detailed commentary is penned with immense intellectual energy and deserves to be read slowly with requisite reflection.
- Justice Dipak Misra, Former Chief Justice of India