Power Today |
Advertise Here [728 W x 90 H pixels]
Power People | October 2016


MS Sahoo appointed chairman of Insolvency and Bankruptcy Board

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Madhusudan Sahoo as Chairperson of the Insolvency and Bankruptcy Board for a period of five years or until further orders, whichever is the earliest, stated the order uploaded on the website of the department of personnel and training. Currently a member at anti-trust regulator Competition Commission of India, Sahoo was earlier a member at capital markets regulator SEBI. The Insolvency and Bankruptcy Code, 2016 was enacted earlier this year, paving the way for India to have a new bankruptcy law that will ensure time-bound settlement of insolvency, enable faster turnaround of businesses and create a database of serial defaulters. This appointment will pave the way for setting up of a complementary eco-system for successful implementation of the bankruptcy code. The board will regulate insolvency professionals and information utilities and handhold the first few insolvency cases.
Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]