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/2018-19/001
17th January, 2019
Office Order
Subject: 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.
Empanelment of General Observers for ICSI Examinations December 2026 ICSI has invited interested members to enroll as General Observers for…
ITAT answers some important and inter-related issues relating to deduction u/s 80IA In a recent judgment, ITAT has dealt with…
Carry forward of loss can not be denied for belated return, it is only the set off in subsequent year…
Where sales are duly recorded in books and VAT returns, to treat it bogus sales, AO must bringing cogent adverse…
Expenses to celebrate Diwali with staff creates a goodwill and, therefore amounts to expenses incurred for the purpose of business…
Section 292BB of the Income Tax Act, 1961 does not preclude Assessee raising objection for non issuance of notice u/s…