National Seminar
Restructuring of Corporate Debts
-Rebooting the economy-

08 February, 2013, Mumbai

 | Sponsorship Details | Registration Form

The world has acknowledged the fact that despite the recent global economic uncertainty, India has withstood and sustained respectable rate of economic growth. Against this backdrop our economy is not only expanding but is also facing some challenges like rising inflation, continued volatility in the exchange rates, squeezed demand trends, critical levels of twin deficits, rising cost of borrowing etc. These factors have contributed to the slowdown in cash flows of several corporates into flashing red alerts thereby limiting their capacity to repay timely dues. The position though looks to be difficult but not desperate. Several Sectors have been hit. The time has come to reboot the economy.
 
The rising amount of Non-Performing Assets (NPA) of banks as well as other lenders is a cause of concern and needs a very deft and mature handling in putting back on track 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 concentrated efforts of all the stakeholders, including policy makers, lenders, borrowers, tax consultants, is indispensible to restore the health of the corporates.

In the backdrop of these imperative issues and a need for placing 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 Friday, 8th February, 2013 at Mumbai.

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

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: 

  • 4,000 Inclusive Service Tax (10% discount for two or more persons from the same organisation)

Payment Method: DD / At Par Cheque / Cheque in favour of ASSOCHAM payable at New Delhi

Fee once paid is non refundable, although change of nomination is allowed.
Cancellation of the nomination should be done 4 day in advance of the event. If advance intimation is not made for the same, registration fee is applicable and paid/ Bourne by the company or individual.
The registration fee includes lunch, refreshments.
Prior Registration is essential. Please fax/courier/email the registration form at the earliest.