Posted by Who Is The Organiser?
The Insolvency and Bankruptcy Board of India (IBBI)was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates and amends the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders.
It is a unique regulator: regulates a profession as well as processes. It has regulatory oversight over the Insolvency Professionals, Insolvency Professional Agencies, Insolvency Professional Entities and Information Utilities. It writes and enforces rules for processes, namely, corporate insolvency resolution, corporate liquidation, individual insolvency resolution and individual bankruptcy under the Code. It has recently been tasked to promote the development of, and regulate, the working and practices of, insolvency professionals, insolvency professional agencies and information utilities and other institutions, in furtherance of the purposes of the Code. It has also been designated as the ‘Authority’ under the Companies (Registered Valuers and Valuation Rules), 2017 for regulation and development of the profession of valuers in the country.
What Are The Details Of The Event?
- Topic of quiz: Insolvency and Bankruptcy Code, 2016
- Date: The Quiz is open on the MyGov portal from 01 July, 2023 to 31 July, 2023.
- Mode: Online mode
- Eligibility:
- The Quiz is open to Indian citizens aged 18 years and above as on 01 July, 2023.
- Individuals working in IBBI and BSE Investors Protection Fund (permanent and contractual), service providers under the IBC and registered with IBBI and also their immediate family members are not eligible to participate in the Quiz.
For More Information:
For any query email at workshop.ip@ibbi.gov.in
CLICK HERE For The Brochure
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