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of <h1>New Chairperson Appointed for Insolvency and Bankruptcy Board of India u/s 189; Term Begins October 1, 2016.</h1> The Central Government has appointed an individual as the Chairperson of the Insolvency and Bankruptcy Board of India, effective from October 1, 2016. This appointment, made under the authority of section 189 of the Insolvency and Bankruptcy Code, 2016, is for a term of five years, until the appointee reaches the age of sixty-five, or until further orders, whichever comes first. The notification was issued by the Ministry of Corporate Affairs and signed by a Joint Secretary.
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