IBC & Corporate Insolvency Resolution Process: Strategic Opportunities for Creditors and Investors

Venue/Deadlines Program Dates Program Fees
Venue : IIMB Campus
Early Bird Discount Date : 01 July, 2024
Last date for registration: 12 July, 2024


Start Date : 22 July, 2024
End Date : 24 July, 2024
Residential Fee(excluding GST) :  Rs. 1,05,000
Residential Early Bird Fee(excluding GST) :  Rs. 94,500
Non-Residential Fee(excluding GST) :  Rs. 90,000
Non-residential Early Bird Fee(excluding GST) :   Rs. 81,000

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About IIM Bangalore

Important Deadlines

Venue : IIMB Campus
Early Bird Discount Date : 01 July, 2024
Last date for registration: 12 July, 2024

Contact Us

Mr. Junaid Ahmed
Landline No.:+91-80-26993371
Mobile No. +91-8951281609
Email: junaid.ahmed@iimb.ac.in

Starting In
Senior Leaders
Short Duration
International Travel
Alumni Status

Programme Overview
The implementation of the Insolvency and Bankruptcy Code (IBC) 2016 has transformed the bankruptcy regime in India. It has presented the investors with unprecedented opportunities to invest in good quality assets at competitive prices in a transparent manner. Lenders have used the IBC to reduce their non-performing assets while operational creditors have recovered their sticky dues from their customers under the threat of reference to the bankruptcy courts.

There have been a few high-profile takeovers as outcomes of corporate insolvency resolutions under the IBC; these are rightly considered as hostile as the incumbent promoters lost their ownerships and managerial positions in the businesses. The IBC provides a mechanism for strategic growth for the resolution applicants and reduces the inefficient deployment of capital for the investors and banks.

The businesses which are restructured under the IBC emerge from the insolvency resolution processes in a time-defined manner and with clearly identified liabilities and capital structures. These features make the outcomes attractive to the resolution applicants who bid for these businesses and the for investors and the lenders to finance these strategic opportunities.

Programme Objectives
This finance-centric program is meant for managers who are leading teams or are senior team members engaged in the opportunities related to corporate insolvency resolution process under the IBC. This program is suitable for investors, financial creditors, resolution applicants, risk-managers, and senior finance professionals in corporate entities. Senior professionals desirous of adding to their skill-sets can also participate. The program is designed to achieve the following practical training outcomes:

  • Develop an appreciation of the fast-changing and uncertain business environments and the imperatives of managing business failures.
  • Understand the importance IBC as an efficient legal framework and its delivery mechanism
  • Understand the perspectives of the stakeholders in financially distressed businesses – lenders, homeowners, labor, employees, operational creditors, shareholders, and governments.
  • Opportunities for value investing – when the price is lower than the intrinsic value.
  •  IBC – a strategic mechanism for inorganic growth.

Programme Content

  • The orientation of the IBC and a cross-country comparison.
  • IBC, business risks in a fast-changing business environment, financial and non-financial risks, and the dynamic nature of risk.
  • Value identification– cash flows, sensitivities, contingencies, valuations, capital structures, means of financing. Arriving at a price from the value.
  • Information gaps or asymmetries, process risks, due diligence, advisors, and bid preparation.
  • Assigning value to existing stakeholders, the value-waterfall, evaluations, negotiations.
  • Managerial resource perspectives.
  • Legal and regulatory aspects, and the institutional set-up
  • Jurisprudence of IBC: Opportunities for Financial, operational creditors and other stakeholders
  • The corporate insolvency resolution process flow: Value protection and maximization,
  • Further evolutions of the corporate insolvency resolution process – cross-border, group insolvencies, pre-packs.
  • The corporate insolvency resolution process flow, the entities involved, and their roles.
  • Liquidation, liquidation as a going concern, and pre-packs – the IBC an opportunity for investing in potential assets
  • NBFCs: Specific issues

Learning Methodology

  • The program will be structured as a workshop.
  • The methodology will be a combination of conceptual underpinnings and case studies.
  • The participants will be expected to share their views on likely solutions to the situations presented in the case studies.
  • The focus will be on fundamental concepts with a view to implementing managerial decisions.
  • The participants are encouraged to develop an appreciation of the diverse perspectives presented during the discussions.

Who should attend
Financial Creditors, Investors, Resolution Applicants, Risk Managers, Senior Finance Professionals of Corporate firms, Other Business Entities and any other professional to get practical insights of Corporate bankruptcy and resolution process.

Programme Directors

Professor Jayadev is tenured faculty of IIM Bangalore, his area of interests is Banking, Corporate finance, and risk management. He worked on funded research projects such as “Educational Loans”, “Debt, Defaults and Corporate governance”, “Basel-II and Credit Risk” and “Mergers and Acquisitions in Banks”, “Corporate Governance-Post IBC” and “Bankruptcy Prediction” Jayadev extended consultancy services to Wipro Limited and Accenture on Basel II and III, Risk and Compliance. His corporate leadership positions include Board member of Union Bank of India, Chairman and Board of Directors of BGSE Financials Limited and on the board of a few start-up ventures.

Jayadev structured and delivered customized senior executive management programs for several reputed companies- L&T, Tata Motors, Kotak Mahindra Bank, HDFC bank, HSBC, SBI, Syndicate Bank, Canara bank, Ordinance Factories Board (OFB), Karur Vysya Bank, Philips Lighting, Persistent Systems, Exide Insurance among others. Jayadev is one of the study team members contributed to Colloquium on “Functioning and strengthening of IBC November 2022” and made presentation on Data Driven Research to improve the outcomes of IBC to the “Colloquium NCLT members March 2023”


Mr. Samir Chawla has over 28 years of professional experience in high-yield assets and special situations, turn-arounds, project finance and development, structured debt, and trading in debt instruments. He has worked with some of the leading banks, financial institutions, and an asset reconstruction company in India in various senior positions. During his stint with the asset reconstruction company, Samir led numerous transactions in corporate insolvency and resolution process of the IBC, both on the “buy side” (as resolution applicant) as well as the “sell side” (as a lender and part of the committee of creditors). He was involved with the successful bidding and conclusion of one of the largest transactions under the IBC.

Samir holds a PGDM from Indian Institute of Management, Calcutta, and a B.Tech. (Mechanical Engineering) from Indian Institute of Technology, Kanpur. He is currently pursuing the Executive Fellow Programme in Management at Indian School of Business Hyderabad.

Samir was adjunct faculty at IIM Lucknow. He has trained senior executives of top corporate firms.


Other Programme Faculty:

Mr Satish Kumar Gupta specializes in distressed and special situation investments. He has been a stressed assets and banking expert with large banks, and top asset reconstruction companies for over two decades. Satish has been closely involved in investment, turnaround, and resolution of numerous stressed loans. He advises a large set of players in distressed debt space on acquisition, monitoring, and resolution of special situations.
Satish is also an insolvency professional registered with Insolvency and Bankruptcy Board of India. He successfully led the corporate insolvency resolution process of Essar Steel India Ltd (ESIL) as its Resolution Professional. ESIL was a complex and one of the largest cases to be successfully resolved under the IBC; ArcelorMittal, the world’s largest steel producer, was the successful resolution application and took over the company as its new promoter.

In October 2020, Turnaround Management Association (TMA), USA awarded Satish the “TMA 2020 Mega Company Turnaround” award for the year 2020 in the Mega company category with annual revenue of more than USD 1 billion in recognition of the successful turnaround and resolution of Essar Steel India Limited.

Satish is a member of Indian Bank Association’s (IBA) Sub-Committee on Stressed Assets. He is a regular speaker and writer on insolvency, turnaround, and restructuring themes. Satish has a master’s degree in business management from XLRI, Jamshedpur and a bachelor’s degree in Mechanical Engineering from Delhi College of Engineering, Delhi University.


Mr. Aashit Shah is an equity partner at J. Sagar Associates and chairs the Finance Practice at the firm. He has more than 21 years of experience and specialises in banking & finance, debt restructuring and insolvency, mergers & acquisitions, private equity and investment funds.

Aashit has been actively involved in various debt restructuring schemes and corporate insolvency resolution processes under the Insolvency and Bankruptcy Code, 2016. He has advised resolution professionals, individual creditors, creditors’ committees, potential bidders or lenders to potential bidders in some of the largest insolvencies and debt restructuring exercises in India, including Essar Steel, Bhushan Steel, Sintex Industries, Altico Capital, Reliance Capital, Shapoorji Pallonji, Ruchi Soya, Ricoh India, Meenakshi Energy, Ushdev International and United Seamless.

Aashit has been recognised as a leading lawyer and distinguished practitioner in the banking and finance practice and insolvency practice by international publications such as IFLR, Chambers and Partners Global, Chambers and Partners Asia Pacific, Legal 500, AsiaLaw, Who’s Who Legal and Legal Era.

He was recognised amongst:

India’s Super 50 Lawyers in 2022 by the Asia Legal Business

India’s Top 100 Lawyers (A List) in 2022 by India Business Law Journal

India’s Top 100 Lawyers in 2022 by Forbes.

He also received the Banking and Finance Lawyer of the Year 2020 award for India by IFLR 1000.

Aashit holds a B.L.S. LL.B. degree from Government Law College, Mumbai and an LLM degree in International and Comparative Law from Chicago-Kent College of Law, USA. He is also qualified as a solicitor in England and Wales, and a member of INSOL International.

Participant Benefits

Participant Benefits
As a participant of this Short Duration Programme, you will be able to enjoy some exclusive benefits other than the outcomes such as skills and knowledge enhancement and building specific competencies that can help shape your career growth.

Some of the exclusive benefits of attending this programme are listed below –

  • Receive Executive Education eNewsletters
  • Invitation to share articles to the EEP blog (subject to a shortlisting process
  • Participate in EEP webinars on various topics
  • Invitation to curated events and programs by the EEP office

Programme Charges

Programme Fee
INR 1,05,000/- Residential and INR 90,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Early Bird Discount
Nominations received with payments on or before 01-July-24 will be entitled to an early bird Discount of 10%.
Early Bird Fee (Residential) INR 94,500/-(+ Applicable GST)
Early Bird Fee (Non-Residential) INR 81,000/-(+ Applicable GST)

Group Discount
Group Discount of 5% percentage can be availed for a group of 3 or more participants when nominations received from the same organization.

Please Note

  • All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme.
  • The programme fee should be received by the Executive Education Office before the programme commencement date.
  • In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
  • If a nomination is not accepted,the fee will be refunded to the person/ organisation concerned.
  • A certificate of participation will be awarded to the participants by IIMB.

Certificate Sample

Note: Certificate image is for reference to potential participants only and may change at the discretion of Executive Education Programmes Office

How To Apply for the Programme

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