The insertion of new Chapter III-A on Pre-packaged Insolvency Resolution Process in the Code is one of the important measures taken by the Government to address the specific requirements of MSMEs in respect of resolution of their insolvency, due to the unique nature of their businesses and simple corporate structures. The present edition adequately deals with this new process.
We are confident that the Courts, National Tribunals, advocates, chartered accountants, company secretaries, insolvency professionals, researchers and other professionals concerned with insolvency and bankruptcy disputes and matters would find the commentary a very useful reference guide.
Author: V. S. Wahi
During government service Mr Wahi has been member of several Government Committees including Member of the “Expert Group on Transfer Pricing” constituted by the CBDT, Department of Revenue, Ministry of Finance, New Delhi.
He obtained degree in B.Com (Hons) from SRCC, Delhi; LL.B from Faculty of Law, Delhi; MBA from FMS, Delhi and M Phil from Punjab University.
After retirement from IRS he joined legal profession and since then practicing law in the field of corporate taxation; international tax; transfer pricing; company law; and business and commercial laws. He was also a Senior Partner of Khaitan & Company, Advocates & Solicitors for about four years and has been advising several large and multinational companies in the field of corporate laws, international tax, transfer pricing; corporate taxation and other related business and commercial laws. He has also worked as Independent Director on the board of the SIDBI Venture Capital Company Limited, Mumbai. He is also Member of India Branch of International Fiscal Association, Rotterdam, Netherlands. Besides he has also been former Co-chairman of the Direct Tax Committee of PHD Chamber of Commerce and Industry, New Delhi; Member Steering Committee on DTC, of ASSOCHAM, New Delhi and Member Direct Tax Committee, ASSOCHAM, New Delhi.
Mr. Wahi has also contributed several papers and articles on International tax, transfer pricing, and corporate laws. He has also authored “Tax Laws Lexicon” and “Transfer Pricing”.