IBBI constitutes a Working Group to recommend regulatory framework to facilitate insolvency resolution and liquidation of corporate debtors in a Group
Insolvency and Bankruptcy Board of India
7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001
File No: IBBI/CIRP/GI/2018-19/001Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
17th January, 2019
Office Order
Subject:Â Constitution of Working Group on Group Insolvency
The Insolvency and Bankruptcy Board of India hereby constitutes a ‘Working Group on Group Insolvency’ as under:
|
Sl. No. |
Name |
Position and Organisation |
Position in the Working Group |
|
1 |
Mr. U. K. Sinha |
Former  Chairman,  Securities  and  Exchange Board of India |
Chairperson |
|
2 |
Ms. Anshula Kant |
Managing Director, State Bank of India |
Member |
|
3 |
Mr. Shardul Shroff |
Executive  Chairman,   Shardul  Amarchand Mangaldas & Co. Advocate and Solicitors |
Member |
|
4 |
Dr.       Shubhashis Gangopadhyay |
Founder   and   Research    Director,                 India Development Foundation |
Member |
|
5 |
Mr. Siby Antony |
Chairman,  Edelweiss  Asset  Reconstruction Company Limited |
Member |
|
6 |
Mr.            Koushik Chatterjee |
Executive   Director   and   Chief   Financial Officer, Tata Steel Limited |
Member |
|
7 |
Mr. Sumit Binani |
Insolvency Professional |
Member |
|
8 |
Mr. Sumant Batra |
President, Society of Insolvency Practitioners of India |
Invitee |
|
9 |
Dr. S. K. Gupta |
CEO, Insolvency Professional Agency of the Institute of Cost Accountants of India |
Invitee |
|
10 |
Ms. Alka Kapoor |
CEO,     ICSI    Institute     of     Insolvency Professionals |
Invitee |
|
11 |
Mr. Sunil Pant |
CEO,    Indian    Institute    of    Insolvency Professionals of ICAI |
Invitee |
2. The Working Group shall submit a report recommending a complete regulatory framework to facilitate insolvency resolution and liquidation of corporate debtors in a Group, within two months from the date
3. The IBBI shall provide secretarial and logistics support to the Working Group.
4. This issues with the approval of competent authority.
(sd/-)
(Dr. Mamta Suri)
Executive Director
To
Chairperson, Members and Invitees of the Working Group
CC: PS to Chairperson / WTMs, IBBI and EDs, IBBI.
