Insolvency and Bankruptcy Code (BBALLB-606(F)(BL4))
Program: BBA-LLB (Hons.)
Category: Professional Elective Course
Semester: 6
Credits: 4
L-T-P:
4-
0-
0
Description
The Insolvency and Bankruptcy Code, sometimes known as the IBC Code, was created to unify India’s disparate and inconsistent bankruptcy rules. The Insolvency and Bankruptcy Code’s passage was critical in reducing the banks’ bloated non-performing assets and the drawn-out debt resolution process. Instructor
Mr. Amit Kumar
Assistant ProfessorDepartment Of Law
Course Outcomes
- Analyze the social, legal, economic, and financial perspectives of insolvency and bankruptcy.
- Examine the roles of various authorities and professionals in the insolvency resolution process.
- Evaluate the corporate insolvency resolution process, including the roles of key stakeholders.
- Assess the liquidation process and voluntary winding up procedures under the IBC.
- Describe the functions and powers of adjudicating and appellate authorities in insolvency cases.
Evaluation Scheme
| MST | 7 |
| MST_1 | 7 |
| Assignment | 10 |
| Attendance | 5 |
| Total Internal | 29 |
| Total External | 70 |
| Overall Total | 99 |