Insolvency and Bankruptcy Code

Insolvency and Bankruptcy Code

In todays webinar the resource person Dr. S. Satyanarayana was introduced by Asst. Prof. Dr. Tenzin J Khampa and welcomed to speak on the topic “Insolvency and Bankruptcy Code”. 

Dr. S. Satyanarayana is from the Indian Economic Service, He is presently working as Deputy Director, Ministry of Finance, Government of India. 

The webinar for the students on Insolvency and Bankruptcy Code touched all the legal aspects and acquaintance itself with present economic scenario. 

While the IBC has brought an important economic reform in recent times, companies are in financial distress due to economic turndown in the wake of COVID 19 pandemic.  The talk explained how recent Amendments to the IBC have addressed this problem. Further, the talk also dealt in length various issues connected with improving economic efficiency with the ease of doing business with a new Insolvency framework under IBC.

Before concluding, there was a question hour session between the resource person and participating students. All the Students liked the talk, they felt very informative. Finally the session came to an end with vote of thanks note.