Call for Papers

In December 2016, the Indian Parliament passed the Insolvency and Bankruptcy Code (IBC). This is one of the most important legal reforms in the Indian corporate sector. The IBC seeks ‘. . . to maximise the value of assets, promote entrepreneurship, promote the availability of credit and balance the interests of all stakeholders’). Over the past six years, the IBC, the Insolvency and Bankruptcy Board of India (IBBI), the Adjudicating Authorities (the NCLT) and the Appellate Authority (the NCLAT) have dealt with larger number of cases of insolvency and bankruptcy, and streamlined the path of addressing corporate distress either through resolution, restructuring or liquidation. Starting from the implementation of the Code, setting up of new organisation and complete infrastructure to handle insolvency activities, the Indian regulatory environment for insolvency and bankruptcy of corporates, has witnessed a remarkable transition from an archaic resolution and liquidation process to a modern one attempting and facilitating faster resolution of distressed companies and assets. The Supreme Court of India has been proactively clarifying a few provisions of the Code as they have arisen during the course of its implementation. Having undergone six amendments since its enactment, the Code continues to be a work in progress.

The institutional mechanisms have handled COVID-19 pandemic induced disruptions. However, the critical view is judicial discretion and delays are making IBC less effective than what was envisaged, emphasising on addressing judicial reforms and administrative bottlenecks.

Insolvency resolution regime is an important part of well-governed polity and efficient economy. It enables creation of an environment that is conducive for entrepreneurship and appropriate risk taking, while safeguarding creditors, as well as providing expertise and service for businesses and persons facing financial stress.

 A few academic studies (Bose, Filomeni and Mallick (2021), Ghosh (2022) and Jose et al. (2020)) have been providing divergent empirical evidence and classic cases are evolving in interpretation of interest of multiple stakeholders. However still multiple issues on effectiveness of institutional and legal mechanisms and its impact on corporate finance and interests of stakeholders are yet to be addressed empirically.

Academic knowledge, empirical evidence from rigorous analysis and expertise can help inform, design, improve and test policy and ultimately make government policy better.  Rigorous research can bring evidence to support policy makers in  addressing challenges. Thus this conference is a forum for academic researchers, professionals, financial creditors, policy makers to discuss on the impending issues on making IBC more effective institutional mechanism.

This conference is inviting research papers in the area of Corporate finance, distress, resolution mechanism, valuation issues and protection of multiple stakeholders.

  • Venue

    The 2nd International Conference on Insolvency and Bankrutpcy is going to be held at the Indian Institute of Management Bangalore during February 23rd -25th . The conference is a joint effort of Indian Institute of Management Bangalore (IIMB and Insolvency and Bankruptcy Board of India. This is similar to the way the first conference organized at IIM Ahmedabad.
  • Participants

    The conference is open to individuals from all disciplines interested and involved in insolvency and bankruptcy process and its multi-disciplinary issues. Conference organisers encourages, professionals and scholars to participate and present their papers in any of the topics listed above. There is no participation fee. Professionals, scholars, and students can also register and participate in the event without presenting the paper.
  • Conference Facilities

    All the registered participants will be given conference materials, and food and snacks for two days. Participation certificate will be issued on request.

Important Dates

"Proposals Received for the Conference216"

Conference Language
The conference proceedings will be in English; no simultaneous translation will be available.
Conference Team
  • Prof. Jayadev M, Indian Institute of Management Bangalore
  • Dr. Aishwarya Krishna, Indian Institute of Management, Bangalore
  • Mr. Ritesh Kavdia, Insolvency and Bankruptcy Board of India
  • Mr. Deepak Rao, Insolvency and Bankruptcy Board of India
  • Mr. Sushanta Kumar Das, Insolvency and Bankruptcy Board of India
Stay Tuned

Pre-Conference Tutorials

23rd February 2023 (Thursday) 
10:00 AM - 01:00PM
For any further query/ information please reach us at:

Contact:

Insolvency and Bankruptcy Board of India

Research Division

Indian Institute of Management, Bangalore

Contact for accommodation, logistics and support at IIMB