The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 has been promulgated on 4th April 2021, introducing a prepackaged insolvency resolution process for corporate persons classified as micro, small and medium enterprises (MSME). It aims to provide an efficient alternative insolvency resolution process for the MSME sector, ensuring quicker, cost-effective and value-maximizing outcomes for all stakeholders, in a manner that is least disruptive to the continuity of their businesses and which preserves jobs.
Insolvency and Bankruptcy Board of India (IBBI) in association with the Indian Banks’ Association (IBA) organises a Webinar on “Prepackaged insolvency resolution process for MSMEs" on 16th June 2021.
Eminent policymakers, bankers and insolvency professionals will discuss the rationale, implications and implementation of the provisions of the framework as also address the issues raised by the participants.
This webinar is intended for top management and senior-level officers (DGM and above) of Scheduled Commercial Banks, who are primary decision-makers under the framework. NOMINATION AND REGISTRATION There is no registration fee for the webinar. However, the invitee organisations need to nominate delegates for the Webinar and confirm their participation, in advance, to the Indian Banks Association by registering at the link given below by 15th June 2021.
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