Financial Laws

Unit Number

Contents

Number of Sessions

01

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002: Meaning & Definition of Securitisation & Reconstruction, Formation of SARFAESI Act, 2002, SARFAESI Act 2002 - Need for the New Law, Objectives , Scheme of the Act, Salient Features, Incorporation & Registration of Special Purpose Companies, Funding of Securitisation, Assets Reconstruction, Enforcing Security Interest, Establishment of a Central Registry, Offences & Penalties, Boiler-plate Provisions Applicability, Exempted transactions, SARFAESI Process and Documentation.

8+1

02

Corporate Debt Restructuring and Strategic Debt Restructuring: Meaning, Definition and Importance. CDR and GDR: Difference, Mechanism, Scheme, Debt Restructuring Process, Benefits, Corporate Financial Distress, Restructuring, and Bankruptcy. Scheme for Sustainable Structuring of Stressed Assets (S4A Scheme).

8+1

03

India Laws and Regulations Governing International Business Transactions: FERA/FEMA, Taxation of foreign Income; Foreign investment; Setting up Offices and Branches Abroad.

8+1

04

The Actuaries Act: Definition, Need, Importance, Objectives, Incorporation of Institute of Actuaries of India, Composition of Council of institute, Functions of Council, Registration of Members, Appointment and Prosecution of Director, Constitution of Appellate authority, Appeal to authority, Penalty, Companies not to Engage n Actuarial practice, Quality Review Board: Establishment, Functions, Procedure, Terms and Conditions of Chairperson and Members of Board.

8+1

05

Insolvency & Bankruptcy Code: Introduction, Concept of Insolvency and bankruptcy, Distinctive Features and Evaluation of the Code, Insolvency Resolution & Liquidation Process for Corporate, Voluntary Liquidation of Corporate Person, Insolvency Resolution & Bankruptcy for Individuals & Partnership Firms, Adjudicating Authority under the Code, and Liability of Guarantors During the Corporate Insolvency Resolution Process.

8+1