{"id":128951,"date":"2017-05-05T10:30:49","date_gmt":"2017-05-05T05:00:49","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=128951"},"modified":"2017-05-05T10:30:49","modified_gmt":"2017-05-05T05:00:49","slug":"insolvency-and-bankruptcy-board-of-india-constitutes-technical-committee-to-lay-down-technical-standards","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/05\/insolvency-and-bankruptcy-board-of-india-constitutes-technical-committee-to-lay-down-technical-standards\/","title":{"rendered":"Insolvency and Bankruptcy Board of India constitutes Technical Committee to lay down Technical Standards"},"content":{"rendered":"<p style=\"text-align: justify;\">The Insolvency and Bankruptcy Board of India (IBBI) has constituted Technical Committee to lay down Technical Standards for the performance of core services and other services under IBBI (Information Utilities) Regulations, 2017, in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017. The Technical Committee (Committee) shall consist of the following:<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"49\"><strong>Sl. No.<\/strong><\/td>\n<td width=\"432\"><strong>Name and Position<\/strong><\/td>\n<td width=\"122\"><strong>Position in Committee<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"49\">1<\/td>\n<td width=\"432\">Dr. R. B. Barman (Chairman, National Statistical Commission)<\/td>\n<td width=\"122\">Chairperson<\/td>\n<\/tr>\n<tr>\n<td width=\"49\">2<\/td>\n<td width=\"432\">Dr. Nand Lal Sarda (Emeritus Fellow, Indian Institute of Technology, Bombay)<\/td>\n<td width=\"122\">Member<\/td>\n<\/tr>\n<tr>\n<td width=\"49\">3<\/td>\n<td width=\"432\">Dr.\u00a0 Pulak Ghosh (Professor, Indian Institute of Management, Bangalore)<\/td>\n<td width=\"122\">Member<\/td>\n<\/tr>\n<tr>\n<td width=\"49\">4<\/td>\n<td width=\"432\">Sh. V. G. Kannan (Chief Executive, Indian Banks Association)<\/td>\n<td width=\"122\">Member<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">The Committee shall give its recommendation for laying down Technical Standards for the performance of core services and other services under Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 and specifically on the following matters, namely:<\/p>\n<p style=\"text-align: justify;\">(a) the Application Programming Interface;<\/p>\n<p style=\"text-align: justify;\">(b) standard terms of service;<\/p>\n<p style=\"text-align: justify;\">(c) registration of users;<\/p>\n<p style=\"text-align: justify;\">(d) unique identifier for each record and each user;<\/p>\n<p style=\"text-align: justify;\">(e) submission of information;<\/p>\n<p style=\"text-align: justify;\">(f) identification and verification of persons;<\/p>\n<p style=\"text-align: justify;\">(g) authentication of information;<\/p>\n<p style=\"text-align: justify;\">(h) verification of information;<\/p>\n<p style=\"text-align: justify;\">(i) data integrity;<\/p>\n<p style=\"text-align: justify;\">(j) consent framework for providing access to information to third parties;<\/p>\n<p style=\"text-align: justify;\">(k) security of the system;<\/p>\n<p style=\"text-align: justify;\">(l) security of information;<\/p>\n<p style=\"text-align: justify;\">(m) risk management framework;<\/p>\n<p style=\"text-align: justify;\">(n) porting of information;<\/p>\n<p style=\"text-align: justify;\">(o) exchange or transfer of information between information utilities;<\/p>\n<p style=\"text-align: justify;\">(p) inter-operability among information utilities;<\/p>\n<p style=\"text-align: justify;\">(q) preservation of information; and<\/p>\n<p style=\"text-align: justify;\">(r) purging of information.<\/p>\n<p style=\"text-align: right;\">Ministry of Corporate Affairs<\/p>\n<p style=\"text-align: right;\"><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Insolvency and Bankruptcy Board of India (IBBI) has constituted Technical Committee to lay down Technical Standards for the performance of core <\/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":[16901,16921,16911],"class_list":["post-128951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-insolvency-and-bankruptcy-board-of-india","tag-insolvency-and-bankruptcy-board-of-india-information-utilities-regulations","tag-technical-standards"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ 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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 &quot;News&quot;","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":239310,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/11\/18\/insolvency-and-bankruptcy-board-of-india-amends-regulations-relating-to-corporate-insolvency-proceedings\/","url_meta":{"origin":128951,"position":1},"title":"Insolvency and Bankruptcy Board of India amends Regulations relating to corporate insolvency proceedings","author":"Bhumika Indulia","date":"November 18, 2020","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) notified the following Amendment Regulations, 2020: (a) the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2016 (b) the Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020 (c) the Insolvency and\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","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\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":274271,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/23\/registration-fee-for-information-utilities-increased-vide-ibbi-information-utilities-second-amendment-regulations-2022\/","url_meta":{"origin":128951,"position":2},"title":"Registration fee for Information Utilities increased vide IBBI (Information Utilities) (Second Amendment) Regulations, 2022","author":"Bhumika Indulia","date":"September 23, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 20-09-2022, the Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Information Utilities) (Second Amendment) Regulations, 2022 to amend the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. They shall come into force with effect from 01-10-2022. Key points:\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"IBBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":219421,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/11\/stautory-repositories-ibbi-approves-mca-21-database-of-mca-and-cersai-registry-as-repositories-read-circular\/","url_meta":{"origin":128951,"position":3},"title":"Statutory Repositories | IBBI approves MCA 21 database of MCA and CERSAI registry as repositories [Read Circular]","author":"Bhumika Indulia","date":"September 11, 2019","format":false,"excerpt":"Statutory Repositories under Regulation 21(2)(c)(ii) of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 Regulation 21 of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2019 reads as under: - \u201c21. Information of default (1) An information utility shall expeditiously undertake the process of authentication\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","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\/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":251781,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/27\/amendment-to-the-guidelines-for-technical-standards-for-the-performance-of-core-services-and-other-services-under-ibbi-information-utilities-regulations-2017-notified\/","url_meta":{"origin":128951,"position":4},"title":"Amendment to the Guidelines for Technical Standards for the Performance of Core Services and other Services under IBBI (Information Utilities) Regulations, 2017, notified","author":"Bhumika Indulia","date":"July 27, 2021","format":false,"excerpt":"On July 26, 2021, the Insolvency and Bankruptcy Board of India (IBBI) on July 26, 2021 has issued a notification to amend the Guidelines for technical standards for core services and other services issued under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. Key amendments: In the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","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\/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":233505,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/08\/07\/ibbi-amends-the-insolvency-and-bankruptcy-board-of-india-liquidation-process-regulations-2016\/","url_meta":{"origin":128951,"position":5},"title":"IBBI amends the Insolvency and Bankruptcy  Board of India (Liquidation Process) Regulations, 2016","author":"Bhumika Indulia","date":"August 7, 2020","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020. The Regulations require the committee of creditors to fix the fee payable to the liquidator.\u00a0 Where the fee has not been fixed by the committee of creditors, the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","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\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/128951","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=128951"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/128951\/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=128951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=128951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=128951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}