Web22 hours ago · Ravi Mital, Chairman, IBBI Insolvency regulator IBBI has commissioned IIM Ahmedabad to undertake a study as to how the IBC’s 650 resolutions (since inception) involving ₹2.7 lakh crore has led ... Web23 hours ago · Amid instances of long delays in insolvency resolution process of various companies, IBBI chief Ravi Mital on Thursday said resolution requires innovation and ''over regulation is not a solution''. Around 650 resolutions of debt-ridden corporates have happened since the implementation of the Insolvency and Bankruptcy Code (IBC) in late …
Ibbi Chief: Promoters Of Sick Companies Should Initiate …
WebFeb 3, 2024 · The chairman's post at the IBBI fell vacant after MS Sahoo retired on September 30 last year after completing his five-year tenure. Navrang Saini, a whole-time member of the board, was given the additional charge of IBBI chief for the interim period till the position was filled. WebNov 14, 2024 · The order passed on 12 November 2024 by Dr MS Sahoo, chairperson of IBBI and Dr Mukulita Vijaywargiya, whole time member of IBBI, noted, "It is unfortunate that an ineligible resolution applicant (RA), the sole financial creditor (FC) and the resolution professional (RP) colluded to ensure that the people responsible for insolvency of the … principle of continuity in organization
WebApr 13, 2024 · The IBBI Chairperson said IIM Ahmedabad has been asked to conduct a study to find out whether these resolutions have led to a change in the economy, adding that the report is expected to come out ... WebJun 3, 2024 · Organizational structure of IBBI. The IBBI has a ten-member board including a Chairman. Following is the structure of the IBBI. One Chairperson; Three members from Central Government officers not below the rank of Joint Secretary or equivalent. One nominated member from the RBI. WebFeb 9, 2024 · New Delhi: Ravi Mittal (IAS Retd) has taken over charge as Chairperson of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on Wednesday. He has been appointed to the post for a period of five years or till he turns 65 years. According to a notification issued by the Ministry of Corporate Affairs (MCA), Ravi Mittal who was earlier … principle of continuity gestalt