Page-4 of Insolvency Current Affairs, GK & News

Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects

The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power projects. The committee will be headed by Cabinet Secretary, Pradeep Kumar Sinha with representatives from the Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal and the lenders having major exposure to the power ..

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The Indian Overseas Bank signs Information Utility pact with NeSL

The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to share financial and security information under the Insolvency and Bankruptcy Board of India (IU) regulation 2017.. With this agreement, the IOB branches will be able to provide high-quality, authenticated information about debts and defaults; which will have ..

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Mamta Suri taken charge as new Executive Director of Insolvency and Bankruptcy Board of India (IBBI)

Dr. Mamta Suri has taken charge as Executive Director of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on August 16, 2017. Before joining IBBI, Dr. Suri was serving as Chief General Manager, Insurance Regulatory Development Authority of India (IRDAI). The IBBI is the regulator for overseeing insolvency proceedings and entities like Insolvency ..

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The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai

Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was held at Mumbai on August 19, 2017. Besides inaugurating the conference, Jaitley also launched the website for National federation for corporate governance. The one-day National Conference is ..

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Insolvency and Bankruptcy board sets up two panels

Insolvency and Bankruptcy Board of India (IBBI), which expects to soon operationalise the Insolvency and Bankruptcy Code, 2016 has set up two high-level panels to gather inputs from experts, including on service providers and corporate liquidation. To expedite operationalisation of the code, IBBI has already released three sets of regulations pertaining to Insolvency Professionals, Insolvency Agencies ..

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IBBI notifies two regulations

Insolvency and Bankruptcy Board (IBBI) of India have notified two Regulations- the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 and IBBI (Insolvency Professional Agencies) Regulations, 2016. The regulations have been notified by the IBBI in exercise of its powers conferred under section 240 of the Insolvency and Bankruptcy Code, 2016 The ..

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