Understand Prepackaged Insolvency Resolution Process in just 24 min | CA Final | Nov 21 and onwards

Understand the complicated topic of Prepackaged insolvency resolution process with Sanidhya Saraf sir in just 24 minutes with the help of charts.
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[@productivebeings6819]

EXAM DAY: START 9:00

[@harshgoradia7711]

Sir thank you so much. I have cleared CA. Your amendment vedios and notes in audit and law very helpful.

[@HarshitTiwari17]

Mr. Saraf, i think it is the best 'crash course' on PPIRP available online. Thanks for this concise yet substantial content.

[@ankitagupta877]

i think this is the best explanation given ever by any teacher

[@rahulzz23]

Main section start 13:00

[@vishalprasad5999]

Short notes 2-3 pages wala kab milega sir..ab kam se kam ek baar to padh k rakhenge..tb hi to exam k din ho payega..plz provide

[@anjalisodawalla3515]

Thank you so much Sir 😊😊😊

[@CA_quirkytalks]

Thanku so much sir

[@digital_sourav]

Will you provided a concise sheet for economic law n21 amendmends ?

[@B_019]

Best briefing on PPIRP.
Saves time

[@adarshagrawal7253]

All the best bhai👍

[@B_019]

@@adarshagrawal7253 kya haal he bhai.
Kaha ho

[@adarshagrawal7253]

Ghar pe hi bro

[@PS-792]

24:05 yahan thoda galat hola sir aapne. Creditors hi approve krte, this is one of the condition for making application for initiating PPIRP.

[@ca_dhruvil]

Thankyou sir 🫡

[@sumbulali4210]

Ur lecture makes things very easy

[@yogisyone]

Right

[@yogisyone]

U from where

[@vidyarkrish8321]

Thank you very much sir

[@salonijain4146]

Thanks a lot Sir 🙏

[@vidushikhandelwal4961]

Is it applicable for old syllabus

[@ca.atishjoshi]

Thanks Sir

[@UzmaShaikhPune]

Thanks !!

[@123453847]

Sir in last chart if application is rejected after 14 days, will PIRP will be accepted if it is submitted after CIRP application?

[@srinidhirao7972]

Best lecture 👌 in crux

[@anshularora300]

100% understanding!! Thank you.
Sir @10:23, even the corporate debtor should follow SR/approval of majority of the partners... This should be included in common points.

[@carajinisingh]

Hi, Can u pls tell Which paper/subject topic is this?

[@anshularora300]

@@carajinisingh CA final law- IBC code

[@carajinisingh]

@@anshularora300 paper 4?

[@mihirjoshi6183]

No, the SR part is IBC is only for voluntary liquidation, I suppose .

[@aditisheth8712]

@@mihirjoshi6183 yes

[@shantanuagrawal7533]

There is nothing like pre initiation period. PPIRP should be completed in maximum 120 days. No other teachers have mentioned about pre initiation period of 90 days.

[@artbyvru]

It is given in ICAI Study Module. It does not specify the name "Pre-intiation period" but it says "CD shall file application initiating PRIRP within a definite time period not exceeding 90 days." Page 6.78

[@amanagrawal7254]

Thanks 👍🏾

[@shreyamittal09]

Minimum default is 1 crore and if it is more than CIRP. Please confirm?

[@ankitab172]

Minimum default to apply under ppirp is 10 Lac ( only applicable to MSME)

[@pragyajain160]

Very helpful
Thank you Sir

[@nivasignature1438]

Can creditor move with this amendment claim of Rs.10 lacs ?

[@avnijain4726]

Please tell me someone is it sufficient for exam

[@pooransaini1395]

Thankyou sir very helpful 🙏

[@nitinbansal8775]

Thanku so much sir for this wonderful video.

[@cashubhamnanda2413]

Sir
IBC me application for initiation of PPIRP se pehle FC's ka approval lgega 66% ka or is approval ke liye hum unhe Base Resolution Plan provide krenge or Declaration denge ki CD 90 days me PPIRP ke liye jaane wala h.
And sir after commencement, COC bnega or use Base Resolution Plan submit kiya jayega for approval.
But sir my doubt is ki COC me bhi to wahi FC's hi honge na, to ye double approval ni ho gya from FC's bcz application for initiation se pehle bhi to unka approval liya tha na Base Resolution Plan pe?

[@pooransaini1395]

Application for initiating PPIRP is given by CD itself(MSME- Co. LLP), so FC's ka approval nhi lgega phle

[@pratikkamble4957]

May 23 ke liye can we refer

[@CharteredTax7]

Perfectly explained 🎉

[@Exploring_Incredible_Bharat]

Thank you sir for uploading this lecture

[@innobait6370]

Sir you are Awesome

[@deepakjain5653]

Thank You sir fantastic revision 🙏🏻

[@Priya-tq5xb]

Very helpful.thank you sir

[@KP-mx7fh]

Does this is full coverage of PPIRP??

[@roopalijain9186]

Where can I get these notes?

[@vidyabhushan1420]

Best video on ppirp
Thanks a lot sir

[@agarwalsaurabh542]

Is it applicable on cma final student

[@hemantmallick2819]

Pls provide me the pdf of PPRP

[@VirtualtipswithVarsha]

Thank a ton

[@rajeevkhurana5308]

Have u written a book on IBC for limited insolvency exam? Please inform. Regards Rajeev

[@Vibewith_sumit1]

Is it applicable for old CA final?

[@pratik3992]

Excellent video

[@dhaneshrisomany4836]

Whether PPRP is applicable to an entity who satisfies both the conditions but does not have Udyam Registration certificate ?

[@malleshg984]

no

[@Ummat-e-MustafaSAW]

Is this also applicable to old?

[@hemlatasharm1313]

Notes?

[@adyeedesai1168]

Sir but as the timeline mentions COC is to be formed within 7 days of commencement of PPIRP and first meeting within 7 days of constitution then how could the Promotors take approval of 66% of FC for approval of plan and appointment of RP before commencement ?

[@cachinmaypathak]

You got it wrong. Listen the background, First, As per Section 54A, DIRECTORS/PARTNERS will decide by making declaration to apply for PIRP and they have to decide a date for making application to AA for PIRP. Then, these directors/partners will approach members/partners (i.e. basically shareholders) that we have to apply for PIRP and then members/partners will pass special resolution approving such proposal to apply for PIRP. Third step will be, the director/partners will approach Financial Creditors and give them the declaration, the special resolution and base plan and ask them to approve such proposal to apply for PIRP. These financial creditors will propose name of Resolution professional to act during PIRP and will approve such proposal for application for PIRP and appointment of the Resolution professional with 66% majority vote. Once, this internal process is done, they will approach adjudicating authority and AA will either approve or reject the plan. If approved, the date of accepting the application will be called as PIRP COMMENCEMENT DATE and within 7 days of this, COC has to be formed. And, within 7 days of forming such COC, their meeting is to be held. Coming to your question, appointment of RP is done by Financial Creditors and not COC. COC will be formed a lot later i.e. after acceptance of PIRP application by AA.

[@adyeedesai1168]

@@cachinmaypathak Thanks Buddy for taking time out and answering in detail :)

[@cachinmaypathak]

@@adyeedesai1168 Your most welcome...

[@amishavijay1769]

@@cachinmaypathak thanks i also have confusion with this point

[@cachinmaypathak]

@@amishavijay1769 your most welcome

[@meeshohauls3813]

Very well explained 👍👍

[@v.naveenkumar3938]

Very much urself

[@vishalprasad5999]

Swapnil patni se provide kar die hai..but we want your chart

[@nitinbhalla3391]

Pre Packaged Insolvency Resolution Process (IBC)

[@shreyasharma1710]

Sir where can we find this in the institute’s study mat?

[@ashishgrover8740]

On BOS Knowledge portal section in Nov 2021 amendments

[@sumanjhawar9007]

Is it applicable for old syballus sir???

[@chiragbafna4062]

I guess yes

[@yogeshkhatri8472]

dhanyya wadh sir _/\_

[@ruchagor-dance1903]

16:27
20:32
22:05

[@ishanarora5764]

From which attempt?

[@vintagerhythm512]

From Nov 2021 bro..

[@pratiksharane6379]

Thank you so much sir🙏🏻

[@casubhadeepdey1970]

What is pre packaged in the PPIRP process?

[@priyankanair5654]

13:09

[@poojachoudhari2480]

Tooooooooooooo gud

[@yashaneja2017]

Sir it is valid for which attempt??

[@CASanidhyaSaraf]

Nov 21

[@masterji8813]

@@CASanidhyaSaraf is it same to 6d

[@ManjitSingh-it8ww]

Thanks for the lecture
Just one thing
Sir please stop clapping ur hands inbetween, its really irritating

[@kamalbansal7181]

Hahahahahahh😂😂

[@jaygupta5294]

1:05

[@PESTLE4U]

Ye notes ki PDF kahan milegi ?? Anyone ??

[@radhaotwani3901]

Merko vi chayie pdf

[@carajinisingh]

Sir, this is for Ca Final Or Ca Inter??

[@shraysanjaynimani2028]

Ca final!

[@nishantsaini7]

Sir aapki clab disturb karti hai

[@divyaprasad9694]

Sir with all due respect sorry to say but aapki writing samjhne mei bahut dikkat hoti h

[@GMsalvii]

13 second 2 likes

[@pscafinal1597]

Chart 20:54

[@vaishnavi8230]

I don't know why you put so much nuisance!!! You never complete any topic. Why don't you put same in heading or description. Highly disappointed wasting my time on this video.

[@prashantkapoor2886]

true

[@CA_Kaswan]

Kya ho gya madam

[@rituchawla4009]

True

[@aryaashokan2925]

Thanks u so much sir

[@anitamishra2949]

Thanks sir

[@satvikrajput8811]

Thank you sir

[@kumarraju3323]

Thanks sir