2nd NATIONAL ONLINE QUIZ
ON INSOLVENCY AND BANKRUPTCY CODE, 2016
1st August, 2021- 31st August, 2021
Guidelines on National Online Quiz on IBC
The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders. It is one of the deepest economic reforms of India in the recent years. Elucidating its importance, the Hon’ble Prime Minister in his address at the centenary celebrations of Kirloskar Group on 6th January, 2020 observed:
