Dr. Anusha Agarwal and Dr. Shuchita Singh from I.T.S Ghaziabad attended CII National Conference on Resolving Insolvency in India – Progress and Way Forward, at Hotel Le Meridien, New Delhi, on 4th April 2018.

The welcome address of the conference was given by Mr. Sunil Kant Munjal, Chairman CII. Dr. M S Sahoo, Guest of Honour provided the details of progress achieved by NCLT, after being operational. He mentioned that Tribunals and Judiciary play a crucial role in implementation of IBBI practices. He also mentioned that IBBI is for rescuing the failing organizations.

Mr. Injeti Srinivas, Chief Guest of the Conference, assured that IBBI machinery is in place and it seeks for optimum utilization of resources by corporate.

Month Of Events: 
April
Date Of Events: 
4
Year Of Events: 
2018
Image Of Events: 
Full Date Of Event: 
Wednesday, April 4, 2018
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Mr. Sanjay Gupta, President Institute of Cost Accountants of India, emphasized on more serious valuation and CAPEX Assessment. He also raised the need for more ethical environment for valuation.

First Interactive session was moderated by Mr. Bahram N Vakil and the panel comprised of KR Saji Kumar, ED, IBBI, Pallav Mahapatra, Deputy Managing Director, SARG, SBI and other panelists spoke on issues like, role of states, Classification of Creditors and responsibilities of Resolution professionals.

Second Session was Moderated by Mr. Gyaneshwar Kumar Singh, Joint Secretary, Ministry of Corporate Affairs. The panelists provide the details of selection procedure of Insolvency Professionals, teaching, training and execution of updated curriculum to develop competent Insolvency Professionals.

Third Session was moderated by Shailendra Singh and the panelists discussed the global practices followed at world wide level. The event ended with the valedictory session. It was a great learning experience for the participants.