INSOL India to head the IBBI Working Group on Personal Insolvency of Guarantors and Individuals having Business

Posted On : June 14, 2017

IBBI has nominated A S Chandhiok, President, INSOL India to head the Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency  and Bankruptcy Code, 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 has been constituted by the Insolvency and Bankruptcy Board of India.  Sumant Batra, President SIPI and Chief Mentor of INSOL India and Alok Dhir, Board Member of INSOL India have been nominated as members of the Working Group.