July 14, 2022
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Insolvency and Bankruptcy Code training enhances trainee officers' grasp of insolvency processes, regulator roles and institutional elements.
The training programme focused on the Insolvency and Bankruptcy Code, 2016, covering the regulator's role, grievance redressal and disciplinary mechanism, and practical case studies of insolvency processes including the Corporate Insolvency Resolution Process, liquidation, voluntary liquidation, fast track resolution, and individual insolvency, and introduced institutional components such as Adjudicating Authority, Insolvency Professionals, Insolvency Professional Agencies, Information Utilities, Creditors, Registered Valuers, and Financial Service Providers.