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On Corporate Insolvency law

 
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Corporate Insolvency law in India

 

Lecture 1

Copy of the Presentation

Reading materials:

1. Sections 433 to 483; 528-545 of the Companies Act, 1956

2. Sick Industrial Companies (Special Provisions) Act

3. Sections 391-394 of the Companies Act, 1956

4. Principles of Corporate Insolvency Law by Prof Sir R M Goode: By far the best authority on insolvency law, law of credit and security, hire purchase law, and author of an excellent book on commercial law. You must read Goode to get a thorough grounding on commercial law.

5. Report of High Level Committee headed by Justice Balkrishna Eradi on Insolvency of Companies: A report that exposed the slow process of corporate insolvency regime in India

6. Report of the N L Mitra Committee on Insolvency law reforms

7. Concept paper on Company law by the Department - it seeks to replace the existing Companies Act by a new one


 

 

 

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