IBBI (Insolvency and Bankruptcy Board of India) – Registrationwala - PowerPoint PPT Presentation
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IBBI (Insolvency and Bankruptcy Board of India) – Registrationwala
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Before IBBI came into existence due to the introduction of IBC, the laws associated with insolvency and bankruptcy were scattered. This made the resolution process to be extremely long. However, after IBBI’s introduction, insolvency can be resolved within a span of 270 days. – PowerPoint PPT presentation
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Title: IBBI (Insolvency and Bankruptcy Board of India) – Registrationwala
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Insolvency and Bankruptcy Board of India (IBBI)
Presented By Registrationwala
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What is IBBI?
- IBBI is Insolvency and Bankruptcy Board of India.
It is a single regulatory body whose job is to
oversee the processes, the personnel and the
adjudicating bodies related to insolvency and
bankruptcy.
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What Does IBBI Oversee?
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The Structure of the IBBI
- It is comprised of 10 members
- 1 chairman.
- 1 member nominated by RBI.
- 3 members of central government.
- 5 members nominated by central government.
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What Entities Do IBBI COVER?
- Limited Liability Partnerships
- Partnership Firms
- Individuals
- Companies
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Advantages of IBBI
- Defragmentation of insolvency and bankruptcy
laws. - Fast insolvency resolution.
- Different adjudicating authorities.
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Contact Us
- 91-8882-580-580
- support_at_registrationwala.com
https//www.registrationwala.com/knowledge-base/in
solvency/bankruptcy/insolvency-and-bankruptcy-boar
d-of-india
