Corporate Insolvency: Law, Policy and Practice

2nd Edition of the book "Corporate Insolvency" by Sumant Batra is a comprehensive and updated resource that captures the eight-year journey of the Insolvency and Bankruptcy Code, 2016. From the enactment of the IBC in 2016 to landmark rulings and visionary reforms ahead, this second edition blends deep legal analysis with global insight. Written by one of the world's leading authorities on insolvency law, the book has received endorsements from judges, senior policymakers, and global insolvency experts, adding to its credibility and demand.

The book's practical value, in-depth analysis, and forward-looking insights make it an ideal title for display in law, commerce, and economics sections.

Key Features:

• Comprehensive Chronicle of India's Corporate Insolvency Journey: Tracks the legal, institutional, and regulatory evolution of India's insolvency regime since 2016.
• Deep Legal and Policy Insight with Scholarly Rigour: A well-researched, multidimensional analysis with strong relevance for policymakers and professionals.
• Step-by-Step Guide to the IBC Ecosystem: Explains key reforms, Supreme Court decisions, and institutional progress under the IBC in 2016.
• Real-World Relevance with Global and Domestic Impact: Connects India's reforms with business needs and international insolvency frameworks.
• Global and Domestic Perspective: Connects India's insolvency developments with global norms and practices.

Reviews

"...This book elucidates the dynamic nature and intricate complexities inherent in the realm of corporate insolvency law within the jurisdiction of India. This discourse highlights the significant legislative and judicial milestones, while also bringing to light the less apparent yet equally important factors, including regulatory responses, the enhancement of institutional capacities, industry behaviours, and the phenomenon of global convergence.

The scholarship articulated within this work is characterised by its rigour, multi-dimensionality, and relevance to policy considerations. It is unequivocally anticipated that this will function as an indispensable resource for legislators, members of the judiciary, professionals in the field of insolvency, scholars, and stakeholders within the business community.

- Justice A.K. Sikri
Former Judge, Supreme Court of India & International Judge, SICC

The book elaborately records the circumstances leading to the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC), intricately documents its over eight-year journey, and crystal gazes into the future and sets aspirations for next generation reforms needed to meet the lofty goal of Viksit Bharat. The book takes us, step by step, into all the legislative and regulatory changes made in eight years while analysing the factors demanding the amendments and changes. He discusses every significant decision of the Supreme Court and National Company Law Appellate Tribunal and their impact on IBC functioning.

- Amitabh Kant
G20 Sherpa

An earlier version of the book was published at a time when the laws were brand new and untested, and the implications were unknown. Eight years later, much water has flown under the bridge... I am very pleased that Mr Batra has brought us up to date on this journey with this book.

- Sanjeev Sanyal
Member, Economic Advisory Council to the PM

• Part I (Pre-2014) - PAST: INDIA’S TRYST WITH REFORMS
• Part II (2014 – 2024) - PRESENT: THE IBC AND ITS FOOTPRINTS
• Section A - Institutional Framework
• Section B - Institutional Framework
• Section C - Pre-Pack Insolvency Resolution Process
• Section D - Liquidation
• Section E - Insolvency of Financial Institutions
• Section F - Insolvency Process of Individuals
• Part III (2024–2047) - FUTURE: INDIA AS A GLOBAL INSOLVENCY HUB
• Part IV - THE SUMMARY
• APPENDICES
• Subject Index