manner: Sahoo
By Manoj Rammohan
New Delhi, Dec 25 (PTI) Steering the “smooth and fast-
paced” journey of the insolvency law, the IBBI is now looking
to put in place the regime for individual insolvency in a
phased manner, according to its Chairperson M S Sahoo.
Around 500 corporates have been admitted for resolution
and about 100 companies have commenced voluntary liquidation
under the Insolvency and Bankruptcy Code (IBC), which is a
little over a year old.
As it enters 2018, individual insolvency regime and
facilitation of corporate insolvency transactions are among
the main priorities for the Insolvency and Bankruptcy Board of
India (IBBI).
“We are looking forward to implementing a regime for
individual insolvenc…
Read the full article at: http://www.newindianexpress.com/pti-news/2017/dec/25/individual-insolvency-regime-to-be-operational-in-phased-1736552.html
