December 2016 Current Affairs

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M.S. Sahoo appointed chairman of Insolvency and Bankruptcy Board

M.S. Sahoo appointed chairman of Insolvency and Bankruptcy Board
03 October 2016 Current Affairs: The Centre has constituted a four-member Insolvency and Bankruptcy Board of India (IBBI) under the Chairmanship of MS Sahoo.

Sahoo, who was till recently Competition Commission of India (CCI) Member, assumed charge as Chairman of IBBI.

The oath of office was administered by Finance and Corporate Affairs Minister Arun Jaitley here.

Sahoo was last month appointed as IBBI Chairman for a period of five years.

The members of the IBBI are Ajay Tyagi, Additional Secretary, Finance Ministry; Amardeep Singh Bhatia, Joint Secretary, Ministry of Corporate Affairs; GS Yadav, Joint Secretary, Department of Legal Affairs; and Unnikrishnan, Legal Advisor, Reserve Bank of India.

The main activity of IBBI would be to regulate the functioning of insolvency professionals, insolvency professional agencies and information utilities under the Insolvency and Bankruptcy Code 2016.

The Centre had notified the Insolvency Code in May. The fact that IBBI has been constituted in a span of four months is a commendable effort, say economy watchers.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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