National Seminar
Restructuring of Corporate Debts
-Rebooting the economy-

31 October, 2012, Hotel Metropolitan, New Delhi

About the Event  | Registration Form | Sponsorship Opportunities

The growing economy has its own pack of success. However the slowdown brings with it its share of shooting pain in the economy that impacts the repayment capacity of several corporates.  The  slowdown of reforms process, the rising inflation, continuously  tightened monetary policy of rising cost of borrowing, volatility in the exchange rates, squeezed demand trends, critical levels of fiscal deficits, have all contributed to  the cash flows of corporates into flashing red alerts thereby crippling their capacity to repay timely dues. The position though looks to be difficult but not desperate. The role of lenders in salvaging the situation with compassion and circumspect in these testing times is both desirable and destined. History tells us that lenders take a very positive call in such hard times. The time has come to reboot the economy.
 
The rising nonperforming  assets of banks as well as other lenders is a cause of concern and needs a very deft and mature handling in putting back on rail  through restructuring based on future business plans and wherever warranted, concessions to restore the economic value of the enterprise. The CDR mechanism of RBI and restructuring policies of Lenders are a great tool to put these corporates back to business. The need for a concerted efforts of all the stakeholders, may be policy makers, lenders, borrowers, tax consultants, is indispensible to restore the health of the hit corporates.
 
In the backdrop of these imperative issues and a need for a quick, viable, aggressive  and effective rehabilitation mechanism for speedy recovery of stressed assets, ASSOCHAM is organizing a ‘National Seminar on Restructuring of Corporate Debts – rebooting the economy- ‘on Wednesday, 31st October, 2012 at New Delhi
 
Key Area of Discussion:

                                
·         Need for and incipient signals
  • Issues in formulation of debt restructuring plan
  • Considering viability and determining sacrifice level for different participants
  • Using restructuring exercise as a strategic opportunity and restoring economic value
  • Accounting and Taxation issues
  • Legal overview
  • Salient features of CDR proposals – Growth in numbers, related sectors, underlying reasons for CDR
 
  • CDR Mechanism and the present process – CDR as a rehabilitation plan
  • Difficulties faced, and suggestions to make CDR mechanism more effective-case for further liberalization of schemes and incentives for banks to bear extra financial burden to restore health of the industry
  • Approach followed and constraints faced by Banks / Financial Institutions
  • Issues in Implementation of the package – right to recompense
  • Sharing experiences - success storiesof Companies underwent  CDR package

 

Eminent speakers invited from RBI,  Policy makers, Commercial Banks/ Institutional lenders,  India's leading investment banks, project advisors,  Industry participants, CFOs and CEOs  Funding Executives, CDR package beneficiaries, NBFCs, practicing CAs/Lawyers, Practioners etc.

Registration Fees: 

  • Rs. 4,000/- per delegate. (10% discount for two or more persons from the same organization and ASSOCHAM Members)