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of <h1>Insolvency and Bankruptcy Board of India Reconstitutes Advisory Committee on Corporate Insolvency and Liquidation with Diverse Experts.</h1> The Insolvency and Bankruptcy Board of India has reconstituted the Advisory Committee on Corporate Insolvency Resolution and Liquidation. The committee is chaired by the Executive Vice Chairman and Managing Director of a major bank, with members including representatives from the Ministry of Corporate Affairs, financial institutions, and legal experts. The terms for certain members will expire on August 24, 2020, while others will serve until June 11, 2023. The committee will provide advisory and professional support on corporate insolvency and liquidation matters as per the Insolvency and Bankruptcy Code, 2016. A General Manager is appointed as the committee's Secretary.
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