{"id":112661,"date":"2017-03-08T10:37:29","date_gmt":"2017-03-08T05:07:29","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=112661"},"modified":"2017-03-08T10:37:29","modified_gmt":"2017-03-08T05:07:29","slug":"insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","title":{"rendered":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0"},"content":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs) as under:<\/p>\n\n\n\n\n\n
S. No<\/strong><\/td>\nName of IPE<\/strong><\/td>\nConstitution<\/strong><\/td>\nAddress<\/strong><\/td>\n<\/tr>\n
1<\/td>\nIRR Insolvency Professionals Private Limited<\/td>\nLimited Company<\/td>\nD-55,\u00a0Defence Colony, New Delhi – 110024<\/td>\n<\/tr>\n
2<\/td>\nAAA Insolvency Professionals LLP<\/td>\nLimited Liability Partnership<\/td>\nE-10A, Lower Ground Floor, Kailash Colony, New Delhi -110048<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A limited liability partnership, a registered partnership firm or a company may be recognised by the IBBI as an IPE if (a) a majority of the partners of the limited liability partnership or registered partnership firm are registered as insolvency professionals (IPs); or (b) a majority of the whole-time directors of the company are registered as insolvency professionals, as the case may be. An IPE is jointly and severally liable for all acts or omissions of its partners or directors as IPs committed during such partnership or directorship.<\/p>\n

The Insolvency Professionals (IPs) are registered and regulated by the IBBI. They have a critical role in transactions under the Insolvency and Bankruptcy Code, 2016 (Code). The Code and regulations made there under provide for strengthening their capacity on a continuous basis. For example, the Insolvency Professional Agencies (IPAs) are obliged to promote continuous professional development of professional members enrolled with them. Similarly, the IPs have been enabled to engage other professionals as may be necessary and to use organisational resources of an IPE of which he is a partner or whole time director, as the case may be, for servicing the transactions.<\/p>\n

The Insolvency and Bankruptcy Code, 2016 is considered as the biggest economic reform next only to GST. It offers a market determined, time bound mechanism for orderly resolution of insolvency, wherever possible, and orderly exit, wherever required. The Code envisages an ecosystem comprising National Company Law Appellate Tribunal (NCLAT), National Company Law Tribunal (NCLT), Debt Recovery Appellate Tribunal (DRAT), Debt Recovery Tribunal (DRT), Insolvency and Bankruptcy Board of India (Board), Information Utilities (IUs), Insolvency Professionals (IPs), Insolvency Professional Agencies (IPAs) and Insolvency Professional Entities (IPEs) for implementation of the Code. With concerted efforts of all concerned, there has been considerable progress in terms of putting in place some of the key elements of the ecosystem and also operationalisation of provisions relating to corporate insolvency resolution and liquidation. The debtors and creditors alike have commenced transactions under the Code.<\/p>\n

Ministry of Corporate Affairs<\/p>\n","protected":false},"excerpt":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs) as under: S. No Name of <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-112661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"\nInsolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0\" \/>\n<meta property=\"og:description\" content=\"The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs) as under: S. No Name of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-08T05:07:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/\",\"name\":\"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0 | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg\",\"datePublished\":\"2017-03-08T05:07:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg\",\"width\":1330,\"height\":887,\"caption\":\"North Block\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\",\"name\":\"Saba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"caption\":\"Saba\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0 | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","og_locale":"en_US","og_type":"article","og_title":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0","og_description":"The Insolvency and Bankruptcy Board of India (IBBI) has recently recognised two Insolvency Professional Entities (IPEs) as under: S. No Name of","og_url":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2017-03-08T05:07:29+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","type":"image\/jpeg"}],"author":"Saba","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saba","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","url":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/","name":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0 | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","datePublished":"2017-03-08T05:07:29+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","width":1330,"height":887,"caption":"North Block"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/insolvency-and-bankruptcy-board-of-india-recognises-two-insolvency-professional-entities-under-insolvency-and-bankruptcy-code-2016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Insolvency and Bankruptcy Board of India recognises two Insolvency Professional Entities under Insolvency and Bankruptcy Code, 2016\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785","name":"Saba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","caption":"Saba"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":87481,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/24\/insolvency-and-bankruptcy-board-of-india-notifies-the-ibbi-insolvency-professionals-regulations-2016\/","url_meta":{"origin":112661,"position":0},"title":"Insolvency and Bankruptcy Board of India notifies the IBBI (Insolvency Professionals) Regulations, 2016","author":"Saba","date":"November 24, 2016","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred under Section 240 of the Insolvency and Bankruptcy Code, 2016 (Code), has notified today the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. These regulations inter alia provide for registration, regulation and oversight of\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":327699,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/07\/31\/nclt-approves-replacement-of-irp-with-insolvency-professional-entity-ipe-based-on-cocs-resolution-ibcs-timeline-scc-times\/","url_meta":{"origin":112661,"position":1},"title":"NCLT approves replacement of IRP with Insolvency Professional Entity based on CoC\u2019s resolution & IBC\u2019s timeline","author":"Ritu","date":"July 31, 2024","format":false,"excerpt":"The NCLT noted that Form AA, meant for individual Insolvency Professionals, had been modified by the Insolvency Professional Entity to fit its consent as no separate form for IPEs exists.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Company Law Tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/National-Company-Law-Tribunal.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":131881,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/18\/ibbi-announces-2nd-edn-of-limited-insolvency-examination\/","url_meta":{"origin":112661,"position":2},"title":"IBBI announces 2nd Edn. of Limited Insolvency Examination","author":"Saba","date":"May 18, 2017","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) has specified the syllabus, format and frequency of the \u201cLimited Insolvency Examination\u201d under Regulation 3(3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 as under: I.Syllabus for Examination The second edition of \u201cLimited Insolvency Examination\u201d will start from\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":193940,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/13\/insolvency-bankruptcy-board-india-signs-mou-reserve-bank-india\/","url_meta":{"origin":112661,"position":3},"title":"Insolvency and Bankruptcy Board of India signs MoU with Reserve Bank of India","author":"Saba","date":"March 13, 2018","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) has signed a Memorandum of Understanding (MoU) with Reserve Bank of India (RBI) on the side-lines of the 4th meeting of the\u00a0 Insolvency Law Committee (ILC) at New Delhi. The Insolvency and Bankruptcy Code, 2016 (Code) provides for reorganisation and insolvency resolution\u2026","rel":"","context":"In "Business News"","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":211548,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/03\/07\/insolvency-and-bankruptcy-board-of-india-signs-a-cooperation-agreement-with-international-finance-corporation\/","url_meta":{"origin":112661,"position":4},"title":"Insolvency and Bankruptcy Board of India signs a Cooperation Agreement with International Finance Corporation","author":"Bhumika Indulia","date":"March 7, 2019","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) signed a Cooperation Agreement yesterday with the International Finance Corporation (IFC), a Member of the World Bank Group (WBG). The Agreement was signed by Mr. K. R. Saji Kumar, Executive Director, IBBI and Mr. Jun Zhang, Country Manager, IFC India, in the\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":25331,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/11\/05\/bankruptcy-law-reforms-committee-submitted-its-recommendations-stakeholders-can-submit-their-comments-on-the-report-by-19th-november\/","url_meta":{"origin":112661,"position":5},"title":"Bankruptcy Law Reforms Committee submitted its recommendations: Stakeholders can submit their comments on the report by 19th November","author":"Sucheta","date":"November 5, 2015","format":false,"excerpt":"The Government constituted a Bankruptcy Law Reform Committee identifying Bankruptcy Law Reform as a key priority for improving the ease of doing business. The Committee under the Chairmanship of Dr. T.K. Viswanathan, former Law Secretary has submitted its report to the Finance Minister Shri Arun Jaitely. The Report is in\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/09\/security-investment.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/09\/security-investment.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/09\/security-investment.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/09\/security-investment.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/09\/security-investment.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/112661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=112661"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/112661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/28141"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=112661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=112661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=112661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}