IBBI Jobs 2019: 01 Whole Time Member Vacancy for LLB, M.Com, MBA/PGDM, M.A published on 16th July 2019

On 12/07/2019, IBBI announced Job notification to hire candidates who completed LLB, M.Com, MBA/PGDM, M.A for the position of Whole Time Member.
Vacancy 1 Whole Time Member
Qualification LLB, M.Com, MBA/PGDM, M.A
Vacancies 01 Post
Salary Rs. 3,75,000 - Rs. 4,50,000/-Per Month
Experience Fresher
Job Location New Delhi
Last Date to Apply 11/08/2019
Other Qualification Details:
1. Pay : (i) The Chairperson shall have an option to receive pay as admissible to a Secretary to the Government of India or a consolidated salary of Rs. 4,50,000 per month.  (ii) Every whole-time member shall have an option to receive pay as admissible to an Additional Secretary to the Government of India or a consolidated salary of Rs 3,75,000 per month.
2. Eligibility : The Whole Time Member shall be person of ability, integrity and standing, who has shown capacity in dealing with problems relating to insolvency or bankruptcy and have special knowledge and experience in the field of law, finance, economics, accountancy or administration.
Age: 65 Years

Terms and Conditions:

1. The Chairperson and the whole-time member Shall be a person who shall not have any financial or other interests as are likely to affect prejudicially his functions as such Chairperson or member.
2. The Chairperson and Whole-time member appointed to fill-up a causal vacancy shall hold office for the remainder period of the term of the Chairperson or, as the case may be, whole-time member in whose place he is appointed.
3. The Chairperson and whole-time member shall not accept any employment before the expiry of a period of one year from the date of demitting the office in the Board, except with the previous sanction of the Central Government.


Insolvency and Bankruptcy Board of India, 7th Floor, Mayur Bhawan, Shankar Market, Connaught Circus, New Delhi -110001.

Selection Procedure

Selection Will be Based either Written Exam/Interview

How to Apply

1. The application in respect of the eligible officers/eminent qualified persons, who are interested and can be spared in the event of selection may be forwarded, duly verified/countersigned by the Head of Department (Wherever applicable) along with the following documents:- (i) Attested photocopies of last 5 years complete Annual Performance Assessment Report (APAR) dossiers (ii) Integrity Certificate (iii) Vigilance Clearance including certification that no disciplinary proceeding(s) or criminal proceeding(s) are either pending or contemplated against the officer concerned. (iv) List of major/minor penalties, if any, imposed on the candidate during the last 10 years/No Penalty Certificate.
2. The applications of candidate received without the APAR dossier (wherever applicable) or which does not contain the complete information or received after the due date shall not be entertained. The candidate who volunteers to be considered will not be allowed to withdraw his name later.
3. In the case where documents indicates in Para 6 are not applicable, applications should be accompanied by duly authenticated documents in support of the applicant’s eligibility. The appointment shall be made by the Central Government on recommendation of the Selection Committee as provided under Section 189(3) of the Insolvency and Bankruptcy Code, 2016.
4. Application in the profroma annexed herewith alongwith supporting documents should be forwarded through proper channel (where ever applicable) so as to reach the undersigned in the Ministry of Corporate Affairs, R & I, Garage No. 14, Gate No. -2, AWing, Ground Floor, Shastri Bhawan, New Delhi within 4 weeks of the publication of advertisement for the said post in the Employment News.
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