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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
PRESS RELEASE

15th June, 2017

The Insolvency and Bankruptcy Board of India (IBBI) has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code (IBC), 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and drafting related Rules and Regulations.

(i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and drafting related Rules and Regulations.

2. The Working Group shall comprise as under:

Sr. No. Name and Designation Position in the Working Group
1 Mr. Amarjeet Singh Chandiok, President, INSOL India Chairperson
2 Mr. Sandip Ghose, Director, NISM Member
3 Ms. Bindu Ananth, Chairperson, IFMR Member
4 Mr. Sumant Batra, President, SIPI Member
5 Mr. Jiji Mammen, CEO, MUDRA Member
6 Mr. Sankar Chakraborti, CEO, SMERA Member
7 Mr. Anil Bhardwaj, Secretary General, FISME Member
8 Mr. Mukesh Mohan Gupta, President, CIMSME Member
9 Mr. Alok Dhir, IRR Insolvency Professionals Private Ltd. Member
10 Mr. Anil Goel, AAA Insolvency Professionals LLP Member
11 Ms. Alka Kapoor, CEO, ICSI IPA Member
12 Mr. J. K. Budhiraja, IPA of ICAI (Cost) Member
13 Mr. V. Sagar, CEO, IIIP of ICAI Member
14 A Representative of Ministry of Corporate Affairs Member
15 Ms. Ranjeeta Dubey, DGM, IBBI Member Secretary

3. The Working Group shall submit its report along with recommendations and draft Rules and  Regulations.

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