Organised by:
Indian Institute of Management Bangalore (IIMB) &
Insolvency and Bankruptcy Board of India (IBBI)
Supported by:
Centre for Capital Market and Risk Management, IIMB &
Insolvency Law Academy
Thursday 23rd – Saturday 25th February, 2023
The 2nd Annual International Research Conference on Insolvency and Bankruptcy was held in Indian Institute of Management, Bangalore from the 23rd to the 25th of February, 2023. The event hosted the finest minds in banking, industry, law, and academia from India and abroad. A wide range of contemporary and emerging issues in the insolvency and bankruptcy space was discussed.
The opening of an event is a crucial part of setting the tone for the proceedings, and the Welcome Address by Prof. Rishikesha T Krishnan, Director of IIM Bangalore, did just that. Following the welcome address, there were several notable speakers who addressed the gathering, including Mr. Ravi Mital, Chairperson of IBBI, and Mr. Chandru K. Iyer, Hon’ble British Deputy High Commissioner to Bengaluru, who served as the Guest of Honour. Hon’ble Justice Kannan Ramesh, Judge of the Appellate Division of the Supreme Court of Singapore and Judge of the Singapore International Commercial Court, was also in attendance as a Special Invitee. As Chief Guest, Hon’ble Shri Ramalingam Sudhakar, President of NCLT, delivered an insightful speech. Finally, the Vote of Thanks was delivered by Mr. Jayanti Prasad, Whole-time Member of IBBI, marking the conclusion of the welcome session. The keynote address was given by Prof. Vikrant Vig who discussed the political economy of rulemaking.
The 2nd day of the Conference was when all the paper presentations took place. The technical sessions were followed by a panel discussion on the theme of ‘Next-Generation Reforms in Insolvency’ which was chaired by Hon’ble Justice Kannan Ramesh. The panel comprised of a diverse range of speakers, including Mr. Ajith Nivard Cabraal, Former Governor of the Central Bank of Sri Lanka in Colombo (virtually), Mr. James H.M. Sprayregen, Founder of Kirkland & Ellis’ Worldwide Restructuring Group, Prof. Wai Yee Wan, Professor at the School of Law at City University, Hong Kong, and Shri. Sumant Batra, President of Insolvency Law Academy, who served as the moderator. The discussion was insightful and informative, providing attendees with valuable insights into the future of insolvency and its role in shaping the global economy.
On the 3rd and final day of the Conference, the Valedictory Lecture on ‘Reinventing Insolvency Law in Emerging Markets’ featured Mr. Aurelio Gurrea Martinez as the keynote speaker. During this session, he shared his insights on how to approach insolvency law in emerging markets and the challenges that are often faced in implementing effective reforms.
