Page 104 - MA - May 2017

INSTITUTE NEWS

Eastern India Regional Council began with the welcome speech of CMA Bibekananda
Mukhopadhyay, Chairman, EIRC of The Institute. He
EIRC jointly with the HQ organized a a seminar on welcomed all guests and dignitaries and mentioned that
‘Insolvency & Bankruptcy Code 2016 – Practical Aspects for the programme on IBC2016 organised for the Bankers was
the first of its kind to take place in Kolkata. The Welcome

Bankers’, at J.N. Bose Auditorium , CMA Bhawan, on April 21,
2017. The Seminar consisted of Inaugural Session followed Speech was followed by the lighting of the lamp by all the
by Technical Sessions and a Question-answer session. The dignitaries. Dr. M.S. Sahoo, Chairperson IBBI discussed
important dignitaries of the Inaugural Session were Dr. M.S. about the various aspects of the Insolvency & Bankruptcy
Sahoo, Chairperson – Insolvency & Bankruptcy Board of India Code 2016. Shri Sanjeev Pandey, Deputy General Manager
was the Chief Guest. Shri V.P. Singh, Member - Judicial, NCLT IBBI discussed about the its major areas & how it can help
the Bankers to save an account turning into NPA. Smt. Rekha
Warriar, Regional Director of Eastern Region RBI highlighted
the major risks & issues faced by the Bankers at the time of
loan disbursement. Shri V.P. Singh, Member - Judicial, NCLT
– Kolkata explained elaborately on the subject. CMA Kaushik
Banerjee Secretary ICAI mentioned some of the important
points of IBC2016. CMA J.K. Budhiraja, CEO–Insolvency
Professional Agency, ICAI gave an explicit presentation on the
subject.
There was an interactive discussion , where the dignitaries
– Kolkata, Shri Sanjeev Pandey, Deputy General Manager, Dr. M.S. Sahoo, Chairperson – Insolvency & Bankruptcy Board
Insolvency & Bankruptcy Board of India, Smt. Rekha Warriar, of India, Shri V.P. Singh, Member - Judicial, NCLT – Kolkata,
Regional Director of Eastern Region RBI, CMA J.K. Budhiraja,
CEO – Insolvency Professional Agency ICAI & Senior Director
(Technical) ICAI, CMA Kaushik Banerjee - Secretary ICAI &
CMA Bibekananda Mukhopadyay - Chairman-EIRC-ICAI.
Amongst the other distinguished guests present in this
programme were Smt. Dimple Bhandia, General Manager,
RBI, CMA Kunal Banerjee, Past President of ICAI & Insolvency
Professional of IPA ICAI, CMA S.S. Sonthalia Past Chairman-
EIRC & Insolvency Professional of IPA ICAI, CMA Sanjay
Lahiri, CMA & CMA Tapas Mallik the other two Insolvency
Professionals of IPA ICAI & CMA Pranab Chakraborty, Vice Shri Sanjeev Pandey, Deputy General Manager, Insolvency
Chairman-EIRC, CMA Shymal Kr. Bhattacharya, RCM-EIRC, & Bankruptcy Board of India, Smt. Rekha Warriar, Regional
CMA Arundhati Basu, RCM-EIRC apart from other valued Director of Eastern Region RBI, CMA J.K. Budhiraja, CEO
guests & invitees from various banks . – Insolvency Professional Agency ICAI & Senior Director
A book on “INSOLVENCY & BANKRUPTCY CODE 2016- (Technical) ICAI and the Insolvency Professionals suitably
Practical Aspects For Bankers” published by The Institute replied to all the queries of the bankers who attended the
of Cost Accountants of India , officially got released by Seminar.
the Dignitaries in the Inaugrual Session. The programme The Vote of thanks was proposed by CMA Arundhati Basu,

104 The Management Accountant l May 2017 www.icmai.in