Conference Overview

Stressed Assets in a pre and post pandemic world

Over the past couple of years, quantum jumps in non-performing assets have impacted corporate India in a debilitating manner. And this gets into a vicious loop. The distressed market has awfully affected all possible participants – lenders, bankers, business houses, policy makers, and everyone else connected with the business, finance and legal eco-systems.

The resulting tailspin or free fall does not augur well for an economy that is still reeling under the onslaught of the pandemic.

And the “Domino Effect” continues...

Current Scenario & Key Statistics

Result Oriented Reforms & Resolutions

  • Relentless efforts by Government of India and Reserve Bank of India to comprehensively address critical twin balance sheet problems
  • 4R Strategy by the Government of India: Recognition, Resolution, Recapitlisation and Reforms
  • Successful resolutions under the IBC framework coupled with effective reforms.
  • Critical roles played by NCLT, NCLAT and other legal entities - speeding up the asset resolution process.
  • ARCs and Private Fund companies – aiding the crucial funding and take-over process
  • Setting up of Bad Bank – leading to cleaner, healthier balance sheets of SCBs
  • Corporate Debt Restructuring (CDR)
  • Re-looking at NPA classification criterion and making suitable classification related changes
  • Rapid restructuring of non-performing assets, opting for maximum salvage, and innovatively exploring more liquidity options will remain the key elements. At the same time, banks will need to give a big push to improve the existing credit growth.

Asset Recon India 2022 Conference will strive to comprehensively address a variety of issues, challenges and opportunities through serious deliberations. The conference theme is aptly titled “Achieving Collaboration + Growth”

Level one senior professionals from the government, regulators, senior bankers, tribunal and appellate authorities, heads of associations, leading ARC company nominees and other investors, financial institutions, leading consulting and legal entities among others will be invited to participate, speak and network.

This conference will provide a niche platform for various stake holders to network, deliberate, collaborate and grow together. Come join us, and be part of this interesting meeting place.

Who will be invited

Senior officials from Ministry of Finance, RBI, IBBI, NCLT, NCLAT, IBA etc.

Board Level and Senior Function Heads from banks (Public, Private, Cooperative)

Top Asset Reconstruction Companies, Associations and Rating Organizations

Leading law Firms specialising in M&A, Restructuring etc.

Consulting Organisations

Insolvency Professionals

Speakers & Panelists

Program

Sessions & Timings

Timing Program
1:30 PM – 1:35 PM Welcoming dignitaries and participants
Inaugural, Keynote & Special Addresses
1:35 PM – 1:40 PM Lamp lighting by chief guest & other distinguished dignitaries
1:40 PM – 2:00 PM Keynote Address - To be announced
2:00 PM – 2:20 PM Special Address – To be announced
2:20 PM – 2:30 PM Thought Leadership Address – Knowledge Partner (EY)
2:30 PM – 2:40 PM Vote of Thanks
Presentations & Panel Discussions
2:40 PM – 3:50 PM Power Panel Discussion # 1
Avenues for corporate stress resolution in India – An analysis of available options

Session Synopsis:
  • Synopsis of the available options for stress resolution, including inter-alia :
    • Debt restructuring under RBI guidelines
    • One time settlements
    • Secondary sale of loans
    • Formal insolvency
  • Analysis of the preferred option for lenders and order of priority
  • Regulator’s perspective on the guidelines for timely identification and resolution of stress
  • Situations which warrant a particular situation including inter-alia:
    • Corporate governance standards of existing management
    • Quantum of NPV loss under each option
    • Turnaround capability of the company
    • Potential level of interest in the market for a particular asset
  • Relative success of formal insolvency across sectors and analysis of underlying reasons
  • A funds perspective of funding a stressed corporate and aiding settlement of debt – challenges & opportunities
  • Corporate buyer’s perspective on buying stressed companies under the formal insolvency route including challenges related to post acquisition turnaround

2:40 PM – 2:45 PM - Setting the tone – by Session Moderator - Dinkar Venkatraman, Head – Turnaround & Restructuring Strategy, EY

2:45 PM – 3:00 PM - Platinum Partner Presentation

3:00 PM – 3:45 PM - Power Panel Discussion

3:45 PM – 3:50 PM - Q & A time
3:50 PM – 4:55 PM Power Panel Discussion # 2
Current challenges in the stress resolution framework in India and potential way forward

Session Synopsis:
  • Impediments in the current framework for stress resolution in India including inter-alia :
    • Policy challenges
    • Regulatory challenges
    • Corporate governance standards
    • Delayed decision making
  • Relative comparison of India’s framework with more developed/matured markets
  • A fund’s and lender’s perspective on challenges to be addressed to make the process of stress resolution/stress funding/stress asset buying more effective and potent
  • A buyer’s perspective on potential changes to framework, to ensure timely closure of transactions and successful post acquisition turnaround
  • Potential solutions to address the identified challenges and improve the efficacy of recoveries from stressed assets, including inter-alia
    • Regulatory changes
    • Faster and more collaborative decision making etc.

3:50 PM – 3:55 PM - Setting the tone – by Session Moderator - Abizer Diwanji, National Leader, Financial Services, EY

3:55 PM – 4:10 PM - Platinum Partner Presentation

4:10 PM – 4:55 PM - Power Panel Discussion

4:55 PM – 5:00 PM - Q & A time
5:00 PM – 5:15 PM Conference closure remarks
*subject to changes.

Partners & Sponsors

Gold Partner
Knowledge Partner
Presented by