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Insolvency and Bankruptcy Board of India inks MoU with RBI
The Insolvency and Bankruptcy Board of India (IBBI) signed Memorandum of Understanding (MoU) with Reserve Bank of India (RBI) for increased cooperation in effective implementation of insolvency law. The MoU was singed at time when authorities are working on ways ..
Month: Current Affairs - March, 2018
IBBI notifies rules for bankruptcy probe
The Insolvency and Bankruptcy Board of India (IBBI) has notified regulations for inspection and investigation of service providers registered with it. Under the Insolvency and Bankruptcy Code (IBC) implemented by IBBI, service providers are insolvency professional agencies, entities, professionals and ..
Month: Current Affairs - July, 2017
Insolvency and Bankruptcy Board sets up two advisory committees
The Insolvency and Bankruptcy Board of India (IBBI) has set up two high-level advisory committees to gather inputs from experts, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code, 2016 and ..
Month: Current Affairs - November, 2016
IBBI notifies two regulations under Bankruptcy Code
The Insolvency and Bankruptcy Board (IBBI) of India has notified two regulations in exercise of its powers conferred under section 240 of Insolvency and Bankruptcy Code, 2016. The Insolvency and Bankruptcy Code, 2016 seeks to ensure time-bound settlement of insolvency, ..
Month: Current Affairs - November, 2016
MS Sahoo takes charge as Chairman of Insolvency and Bankruptcy Board of India
The Union Finance Ministry constituted four-member Insolvency and Bankruptcy Board of India (IBBI) with Financial markets expert MS Sahoo as its Chairman. MS Sahoo was administered the oath of the office by Union Finance and Corporate Affairs Minister Arun Jaitley ..