The Resolution Professional - Volume 02, Issue 01, January 2022

MESSAGES
Message from Chairman, Editorial Board
Dear Member,
Wish you a happy and prosperous 2022!
Despite the hardships caused by the second wave of Covid-19 pandemic, 2021 will always be remembered as the year for paradigm shifts at multiple levels. The year witnessed Completion of five years of the IBC regime, besides introduction of many changes.  Read More...


Message from Chairman, Governing Board IIIPI
Dear Member,
Happy and Prosperous 2022!
The year gone by has been a roller coaster ride across hope and despair, a year of leaps in learnings and overcoming challenges posed by Covid, among others. After a Coviddriven hiatus, which led to discontinuation of physical events, by the end of the year, IIIPI could organize a couple of events in hybrid mode.  Read More...


EDITORIAL
From Editor’s Desk
ADDRESS
Shri Piyush Goyal
Hon'ble Union Minister
Highlights from Addresses of Eminent Speakers at the 5th Foundation Day of IIIPI
Dr. Ashok Haldia, Chairman-IIIPI Board, CA. Nihar N. Jambusaria, President-ICAI, Dr. Navrang Saini, Chairperson-IBBI, Shri Sudhaker Shukla, WTM-IBBI, Shri Swaminathan J., MD-SBI, Shri C. Scott Pryor, Shri Paul Bannister, and Shri A. K. Bhattacharya.

ARTICLES
Section 53 of IBC, 2016: Camouflage Key Player in the Revival Process - M. Pavithra

Prospects of Bad Bank in Indian Banking Industry:Experiences from Abroad
- Neeta Phatarphekar

Whether Imported Goods, for which no Customs Duty is paid, can be sold during CIRP/Liquidation?
 
- M. Govindarajan

Importance of Communication in Insolvency Processes
 
- Siddheshwar Shukla

CASE STUDY
Performance Analysis of Bhushan Steel Limited: Pre, During and Post CIRP - Vijaykumar V. Iyer
 
Resolution of Jalpower Corporation Limited (JPCL) under IBC - Amit Jain


U
PDATES
Legal Framework

Important Circulars, Notifications Guidelines, and Press Releases related to the Insolvency Ecosystem
IBC Case LawsRelevant Judgements of the Supreme Court, High Courts, NCLAT, NCLTs.
IBC NewsImportant news reports on IBC published in media in this quarter.
Statement of Best Practices
The remaining part of “Meetings of the Committee of Creditors Under Corporate Insolvency Resolution Process” (Joint paper by the IPAs).
IIIPI News:  Coverage of important events solely and jointly organized by IIIPI.
IIIPI's Publications: The research publications of IIIPI.
Media Coverage: Coverage of IIIPI Events and activities in mainstream media.
Contact details of different departments of IIIPI.
TIME OUT
IBC Crossword