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    Chairperson, IBBI, Dr. M. S. Sahoo: Institution of Insolvency Professionals (IPs) needs to be robust and efficient to inspire the confidence of stakeh...
    CAG Rajiv Mehrishi calls for a market regulator in event of market failure while delivering 9th Annual Day lecture of CCI
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    May 28, 2018
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    Institution of Insolvency Professionals must be robust to inspire stakeholder confidence and ensure value oriented insolvency resolution.
    The institution of Insolvency Professionals must be robust, efficient and collectively reputable to inspire stakeholder confidence; IPs act as the bridge between adjudicating authorities and stakeholders and must guide Committees of Creditors to comply with the Code, avoid avoidable practices that add time and cost, and focus on resolving corporate insolvency with liquidation as a last resort while preserving assets for value creation.
    May 21, 2018
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    Market regulator: propose statutory fixes and protocols to tackle market failure and regulator overlap in competition governance.
    A call for a dedicated market regulator to address market failure and new-economy competition challenges such as first-mover advantages, common shareholding, vertical integration and financing cartels; and a recommendation to resolve jurisdictional overlap between the Competition Commission of India and sectoral regulators through statutory amendments and formal engagement protocols, noting CCI's cross-sector expertise and the importance of enforcement tools and advocacy including leniency provisions.

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