Author: R.P. Vats

Publisher: Taxmann Publications Private Limited

Published: 2022-09-15

Total Pages: 34

ISBN-13: 9392211198

Taxmann's flagship section-wise Commentary on Insolvency and Bankruptcy Code, 2016 (IBC) is the most updated & amended. It is presented in a section-wise, integrated/interconnected & comprehensive format. This book will be helpful for practitioners of Corporate Law associated with advisory and litigation. The Present Publication is the 1st Edition, amended by the IBC (Amendment) Act 2021 and various Rules & Regulations amended up to August 2022. This book is authored by Mr R.P. Vats, Mr Apoorv Sarvaria & Ms Yashika Sarvaria, with the following noteworthy features: • [Flow of the Commentary] o The Commentary on each Section begins with the following: § Legislative History § Brief Overview § Detailed Comments o The matter is arranged in paras & sub-paras • [Integrated/Interconnected Commentary] that cohesively integrates the following: o Case Laws § Case Laws from the following Courts are covered: (i) Supreme Court (ii) High Courts (iii) NCLAT (iv) NCLT § Cases dealing with the Constitutionality of the provisions and notifications § An exhaustive and easy-to-find subject index and list of cases o Rules and Regulations issued under the IBC o Circulars, Notifications & Guidelines issued under the IBC o Complete list of Sections with the date of enforcement and a list of the Sections which are not yet brought into force • [Comprehensive Commentary] o The structure and lucid language of the Commentary makes it reader-friendly and offers unparalleled research efficiency o A discursive style of writing is adopted, in which, at appropriate places, there is a general discussion of principles, and an attempt is made to analyse, classify, and group the case laws under several suitable headings and sub-headings o All conceivable aspects of a particular issue have been clubbed in one place to give a clear overall picture of the law o Any point of law not judicially annotated has been critically examined in the light of the statutory language o The object and scheme of the sections have been explained with comparative reference to the reports of the Banking Law Reforms Committee and the Insolvency Law Committees The structure of the Commentary is as follows: • The Commentary has been divided into two volumes & six divisions o The first division comprises of Section-wise Commentary on the Insolvency and Bankruptcy Code, 2016 o The second division includes the updated Rules and Regulations o The third division includes the Guidelines issued by the Insolvency and Bankruptcy Board of India o The fourth division includes the Notifications issued from time to time o The fifth division includes the Circulars issued by the Insolvency and Bankruptcy Board of India from time to time o The sixth division includes the Reserve Bank of India (Prudential Framework for resolution of Stressed Assets) Directions, 2019