A&C - Restrictions contained in Code of Civil Procedure apply even in cases relating to enforcement of foreign arbitral awards: HC (See 'Legal Desk') RTI/IBC - Mechanism of the RTI Act cannot be commandeered for grievance redressal, policy suggestions, or compelling interpretations of prior responses: IBBI (See 'Legal Desk') BSNL turns profitable after 18 Years: Scindia (See 'Corp Brief') Chouhan to meet Ministers of 11 Ministries for 'Pradhan Mantri Dhan-Dhaanya Krishi Yojana' (See 'Corp Brief') NITI Aayog's Women Entrepreneurship Platform and DP World launch 'We Rise' initiative (See 'Corp Brief') MoS unveils Curtain Raiser for 4-day India International Science Festival (See 'Corp Brief') Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT ) NMDC Steel becomes First to receive BIS License for Hot Rolled Steel for welded steel pipe (See 'Corp Brief') FM interacts with interns of PM Internship Scheme in Hampi (See 'Corp Brief') IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk') SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk') A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk') PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk') IBC - Speculative participants driven purely by profit motives can't be permitted to misuse insolvency & bankruptcy code, which is remedial framework conceived for revival and protection of companies: SC (See 'Legal Desk')

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IBBI organises training on insolvency for IES Officers

Published: Feb 22, 2021

By TIOLCORPLAWS News Service

NEW DELHI, FEB 22, 2021: IBBI organised a one-week training programme for 2019 batch of 30 Indian Economic Service (IES) officers from 15th to 19th February, 2021. The programme exposed the officers comprehensively to the insolvency reforms, its implementation and outcomes, the ecosystem, the issues and challenges, and the road ahead. The performance of the officers was evaluated. The three best performers, namely, Mr. Anshuman Kamila, Ms. Archana Kumari and Ms. Saumya Gautam were awarded Gold, Silver and Bronze medals, respectively. The eminent faculty included Dr. K. P. Krishnan, Professor, IEPF Chair Professor, NCAER; Dr. Shashank Saksena, Senior Economic Adviser, Ministry of Finance; Mr. B. Sriram, Former MD, IDBI Bank; Dr. Aparna Ravi, Partner, Samvad Partners; Mr. Ashok Haldia, Chairman, IIIP ICAI; Mr. S. Ramann, MD, NeSL; Dr. Subhashis Gangopadhyay, Research Director, IDF; Mr. Anurag Das, MD, International Asset Reconstruction Company; Mr. Satish Kumar Gupta, IP; Dr. Renuka Sane, Associate Professor, NIPFP and Ms. Sripriya Kumar, IP.

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