Professional Documents
Culture Documents
Semester: VII
COURSE PLAN
Target 50% (marks)
Level-1 40% (population)
Level-2 50% (population)
Level-3 60% (population)
1. Method of Evaluation
UG
Quizzes/Tests, Assignments (30%)
Mid Examination (20%)
End examination (50%)
2. Passing Criteria
Scale UG
3. Pre-requisites: These are modules that you must have studied previously in order to take course.
The students must have knowledge of law of contract and company law. The students should have
particularly knowledge and understanding of Company’s winding up proceedings under the
Companies Act.
4. Course Objectives:
5. Pedagogy: Interactive approach will be undertaken during the learning process. Students are
expected to come prepared for the topics for discussion in the class. Students are expected to
imbibe reflective thinking and actively participate in classroom discussions.
Following pedagogical tools will be specifically applied:
Lectures
Case Studies
Discussions/discussion forum/ Group discussions
Presentations
Peer Review assessment and evaluation
Random Questioning
Case law Analysis
Youtube video making
Research paper writing
6. Topics introduced for the first time in the program through this course:
7. References:
Text 1. United Nations Commission on International Trade Law, & United Nations. (2012). UNCITRAL
Books Legislative Guide on Insolvency Law. United Nations Publications.
2. Jay Lawrence Westbrook. (2010). A Global View of Business Insolvency Systems. Brill | Nijhoff.
3. United Nations Commission on International Trade Law. (2010). UNCITRAL Practice Guide on
Cross-border Insolvency Cooperation. United Nations Publications.
4. Ayush J Rajani. (2022). Comprehensive Guide to Insolvency and Bankruptcy Code, 2016 – Law &
Practice, Bloomsbury.
5. Akaant Kumar Mittal. (2021). Insolvency & Bankruptcy Code, Eastern Book Company.
6. Dr. S. R. Myneni. (2021). Law of Insolvency & Bankruptcy, Allahabad Law Agency.
7. VS Wahi’s Treatise on Insolvency & Bankruptcy Code, 4th Edition (2022), Bharat Publications.
8. Wadhwa Brothers. (2020). Shorter Insolvency & Bankruptcy Code with Procedures, Wadhwa Law
Chambers.
9. TAXMANN’S Guide to Insolvency and Bankruptcy Code & Law relating to SARFAESI/Debt
Recovery & Winding up (2022).
10. ICSI, Study material on Insolvency Law and Practice (2021).
Year: 2022-23
Semester: VII
Web 1. https://ibbi.gov.in/Reports.html
resources 2. https://ibbi.gov.in/uploads/register/ip_regulations.pdf
3. https://ibbi.gov.in/uploads/order/57670c971a1ed7e20d411892264bb06c.pdf
4. https://ibbi.gov.in/uploads/legalframwork/8e241a378e16b2821da63658bad6f0a4.pdf
5. https://ibbi.gov.in/IBBI%20(Voluntary%20Liquidation)%20Regulations%202017.pdf
Journals 1. Vig, S. (2019). Insolvency reforms in India: Policy and economic implications. Journal of
Contemporary Issues in Business and Government, The, 25(1), 14–29.
https://doi.org/10.3316/informit.931244341893245
2. SENGUPTA, R., & SHARMA, A. (2016). Corporate Insolvency Resolution in India: Lessons from a
Cross-country Comparison. Economic and Political Weekly, 51(15), 37–46.
3. Katoch, R. (2017). Insolvency and Bankruptcy Code, 2016: Features, Mechanism and Challenges in
implementation. International Journal of Management, IT and Engineering, 7(9), 77–89.
4. Atul Arun Pathak. (2015). Survival lessons from a dying Kingfisher : What not to do in the airlines
industry in India. Strategic Direction, 31(8), 13–16. https://doi.org/10.1108/SD-06-2015-0086
5. Patel, S. (2018). India’s Coal Glut Leaves Producers Teetering on Bankruptcy. Power, 162(10), 12–
14.
6. Mohan, M. P. R., & Raj, V. (2020). Apartment Buyers as Financial Creditors: Pushing the
Conceptual Limits of the Indian Insolvency Regime. Columbia Journal of Asian Law, 33(2), 219–
263.
7. Feibelman, A. (2010). Consumer Finance and Insolvency Law in India: A Case Study. Brooklyn
Journal of International Law, 36(1), 75–122.
8. Nemiraja Jadiyappa, Santosh Shrivastav. (2022) Bankruptcy law, creditors’ rights, and cash
holdings: Evidence from a quasi-natural experiment in India. Finance Research Letters 46, pages
102261.
9. Pryor, C. S., & Garg, R. (2020). Differential Treatment Among Creditors Under India’s Insolvency
and Bankruptcy Code, 2016: Issues and Solutions. American Bankruptcy Law Journal, 94(1), 123–
153.
10. Misra, P. (2020). Cross-border Corporate Insolvency Law in India: Dealing with Insolvency in
Multinational Group Companies—Determining Jurisdiction for Group Insolvencies. Vikalpa: The
Journal for Decision Makers, 45(2), 93–103. https://doi.org/10.1177/0256090920946267
11. VAN ZWIETEN, K. (2015). Corporate Rescue in India: The Influence of the Courts. Journal of
Corporate Law Studies, 15(1), 1–31. https://doi.org/10.5235/14735970.15.1.1
12. GUPTA, A. (2018). Insolvency and Bankruptcy Code, 2016: A Paradigm Shift within Insolvency
Laws in India. Copenhagen Journal of Asian Studies, 36(2), 75–99.
13. Shikha, N. (2021). Guest Editorial: Cross‐border insolvency in India: What lies ahead? International
Insolvency Review, 30(2), 163–168. https://doi.org/10.1002/iir.1409
14. Rangoonwala, N. (2019). The Legal Aspects of the Wilful Defaults in India: A Critical Study.
International Journal of Banking, Risk & Insurance, 7(2), 76–85.
15. Paul, A. (2022). Corporate Insolvency Resolution under the Insolvency and Bankruptcy Code, 2016 -
A New Regime. BimaQuest: The Journal of Insurance & Management, 22(1), 51–66.
16. Paul, A. (2022). Corporate Insolvency Resolution under the Insolvency and Bankruptcy Code, 2016 -
A New Regime. BimaQuest: The Journal of Insurance & Management, 22(1), 51–66.
17. Mannan, M. (2016). Are Bangladesh, India and Pakistan Ready to Adopt the UNCITRAL Model
Law on Cross-Border Insolvency? International Insolvency Review, 25(3), 195–224.
https://doi.org/10.1002/iir.1262
Year: 2022-23
Semester: VII
Reference 1. Safley Thomas Mex. (2019). The History of Bankruptcy, Economic, Social and Cultural Implication
books in Early Modern Europe, E- Book Routledge.
2. Wessels Bob. (2019). International Cooperation in Bankruptcy and Insolvency Matters, Oxford
University Press.
3. Tarek M. Hajjiri. (2016). Global Insolvency and Bankruptcy Practice for Sustainable Economic
Development, Palgrave Macmillan.
4. Walker, G. E., & Clarke, L. D. (2012). The Lehman Brothers Bankruptcy : Analyses. Nova Science
Publishers, Inc.
5. Jay Lawrence Westbrook. (2010). A Global View of Business Insolvency Systems. Brill | Nijhoff.
6. David A. Skeel Jr. (2004). Debt’s Dominion : A History of Bankruptcy Law in America. Princeton
University Press.
7. Thomas G. W. Telfer. (2014). Ruin and Redemption : The Struggle for a Canadian Bankruptcy Law,
1867-1919. University of Toronto Press.
Date: Date:
Year: 2022-23
Semester: VII
1. Go through the 'Syllabus' in the Black Board section of the web-site (https://learn.upes.ac.in) in order
to find out the Reading List.
2. Get your schedule and try to pace your studies as close to the timeline as possible.
3. Get your on-line lecture notes (Content, videos) at Lecture Notes section. These are our lecture notes.
Make sure you use them during this course.
4. Check your blackboard regularly
5. Go through study material
6. Check mails and announcements on blackboard
7. Keep updated with the posts, assignments and examinations which shall be conducted on the
blackboard
8. Be regular, so that you do not suffer in any way
9. Cell Phones and other Electronic Communication Devices: Cell phones and other electronic
communication devices (such as Blackberries/Laptops) are not permitted in classes during Tests or the
Mid/Final Examination. Such devices MUST be turned off in the class room.
10. E-Mail and online learning tool: Each student in the class should have an e-mail id and a pass word
to access the LMS system regularly. Regularly, important information – Date of conducting class tests,
guest lectures, via online learning tool. The best way to arrange meetings with us or ask specific
questions is by email and prior appointment. All the assignments preferably should be uploaded on
online learning tool. Various research papers/reference material will be mailed/uploaded on online
learning platform time to time.
11. Attendance: Students are required to have minimum attendance of 75% in each subject. Students
with less than said percentage shall NOT be allowed to appear in the end semester examination.
This much should be enough to get you organized and on your way to having a great semester! If you need
us for anything, send your feedback through e-mail to your concerned faculty. Please use an appropriate
subject line to indicate your message details.
There will no doubt be many more activities in the coming weeks. So, to keep up to date with all the latest
developments, please keep visiting this website regularly.
Year: 2022-23
Semester: VII
RELATED OUTCOMES
1. The expected outcomes of the Program are:
PO2 Students will effectively apply their learnings to practical legal issues.
PO3 Students will be able to exhibit effective law professional skills, employing oral and
written communication, legal research, analysis, rationalization and critical-thinking.
PO4 Students will demonstrate ability to evolve alternative solutions from dynamic socio-
economic and techno-legal perspectives.
PO5 Students will demonstrate desirable qualities to be employable in the relevant market.
PO6 Students will show sensitivity towards ethical, moral and social issues arising in their
professional career.
PO7 Students will exhibit commitment, teambuilding, networking, leadership and lifelong
learning skills to excel in legal world.
PSO 1
Students will be able to demonstrate conceptual knowledge in core areas of commerce.
1. PSO 2
Students will be able to demonstrate integrated knowledge of legal principles and commerce.
Year: 2022-23
Semester: VII
PSO 3
Students will be able to exhibit skills in practices and procedures of Taxation laws.
PSO 1
Students will be able to demonstrate conceptual knowledge in core areas of commerce.
1. PSO 2
Students will be able to demonstrate integrated knowledge of legal principles and commerce.
PSO 3
Students will be able to exhibit skills in practices and procedures of Media and Entertainment laws.
PSO 1
Students will be able to demonstrate conceptual knowledge in core areas of commerce.
1. PSO 2
Students will be able to demonstrate integrated knowledge of legal principles and commerce.
PSO 3
Students will be able to exhibit skills in practices and procedures of Secretarial Practice.
Year: 2022-23
Semester: VII
4. Co-Relationship Matrix
Indicate the relationships by1- Slight (low) 2- Moderate (Medium) 3-Substantial (high)
Program
Outcomes
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PSO1 PSO2 PSO3
Course
Outcomes
CO 1 3 2 3 2 2 2 2 3 2 2
CO 2 3 3 3 2 2 3 2 3 3 3
CO 3 3 3 2 2 2 2 2 3 3 2
CO 4 3 3 2 2 2 2 2 3 3 2
Average 2
3 3 3 2 2 2 2 3 3
5. Course outcomes assessment plan:
component
s
Quiz/Test Class Presentation
Researc
Course h Paper Mid End
Outcomes and Semester Semester
Viva
CO 1
CO 2
Year: 2022-23
Semester: VII
CO3
CO4 🗸
Planned Actual
No. No.
Remark
Unit Description Fro T of Fro T of
s
m o Sessi m o Sessi
ons ons
Introduction to Insolvency & Bankruptcy
I Code 1 9 9
Date: Date:
Year: 2022-23 Semester: VII
SESSION PLAN
UNIT-I: Introduction to Insolvency & Bankruptcy Code
Session Plan Actual Delivery
CO Synchronous /Asynchronous
Lecture Topics to be Covered Mapped
Insolvency and Bankruptcy: Introduction and Synchronous
1 conceptual clarity on Pre-Requisites CO 1
Insolvency and Bankruptcy: History and Background of Synchronous
2 IBC CO 1
Insolvency and Bankruptcy: Social, Legal, Economic Synchronous
3 and Financial Perspectives CO 1
Insolvency and Bankruptcy: Social, Legal, Economic Synchronous
4 and Financial Perspectives CO 1
Need for Insolvency and Bankruptcy Code: Exploring Synchronous
5 the rationale and objectives CO 1
Need for Insolvency and Bankruptcy Code: SICA, Synchronous
6 SARFASI Act, Companies Act. CO 1
7 Interface of IBC with Constitutional Law CO 1 Synchronous
8 Interface of IBC with Companies Act CO 1 Synchronous
9 Interface of IBC with other laws CO 1 Synchronous
Signature of faculty:
Date:
Year: 2022-23 Semester: VII
Date:
Year: 2022-23 Semester: VII
SESSION PLAN
UNIT-III: Introduction Corporate Insolvency
Session Plan Actual Delivery
Lectur CO Synchronous /Asynchronous
e Topics to be Covered Mapped
Corporate Insolvency Resolution Process Synchronous
22 (CIRP) CO 3
Initiating an application for Resolution and role Synchronous
23 of Interim Resolution Professional CO 3
Initiating an application for Resolution and role Synchronous
24 of Interim Resolution Professional CO 3
Initiating an application for Resolution and role Synchronous
25 of Interim Resolution Professional CO 3
Initiating an application for Resolution and role Synchronous
26 of Interim Resolution Professional CO 3
Committee of Creditors: Powers, Synchronous
27 Duties and Processes CO 3
Committee of Creditors: Powers, Synchronous
28 Duties and Processes CO 3
Committee of Creditors: Powers, Synchronous
29 Duties and Processes CO 3
Synchronous
30 Information Memorandum and Resolution plan CO 3
Synchronous
31 Information Memorandum and Resolution plan CO 3
Synchronous
32 Information Memorandum and Resolution plan CO 3
Year: 2022-23 Semester: VII
Signature of faculty
Date:
Year: 2022-23
Semester: VII
SESSION PLAN
UNIT-IV: Resolution Process and liquidation
Actual Delivery
Session Plan
CO Synchronous /Asynchronous
Lectur Mappe
e Topics to be Covered d
Liquidation Process Synchronous
33 CO 3
34 Liquidation Process CO 3 Synchronous
Moving from Resolution to Synchronous
35 Liquidation CO 3
Moving from Resolution to Synchronous
36 Liquidation CO 3
37 Voluntary Liquidation CO 3 Synchronous
38 Voluntary Liquidation CO 3 Synchronous
Date:
SESSION PLAN
UNIT-V: Resolution Process of Persons/ Partnership Firm
Session Plan Actual Delivery
CO Synchronous /Asynchronous
Lectur Mappe
e Topics to be Covered d
41 Who is a person CO 4 Synchronous
42 Insolvency resolution process CO 4 Synchronous
43 Bankruptcy orders CO 4 Synchronous
Administration of the estate of Synchronous
44 Bankrupt CO 4
45 Revision Synchronous
Signature of faculty
Year: 2022-23
Semester: VII
Date