As part of the ongoing ‘Azadi Ka Amrit Mahotsav’ celebrations, the Insolvency and Bankruptcy Board of India (IBBI), in association with the Federation of Indian Chambers of Commerce & Industry (FICCI), organised a virtual conference, on the subject titled “5-Years of Insolvency and Bankruptcy Code: Looking Forward and Beyond”, on Thursday, 20th January, 2022.
Dr. Mukulita Vijayawargiya, Whole-Time Member, Insolvency and Bankruptcy Board of India delivered the inaugural address. Mr. Shadrul Shroff, Chairman, FICCI National Committee on Stressed Assets; Mr. Swaminathan J., Managing Director, State Bank of India; Mr. Subhrakant Panda, Sr. Vice President, FICCI; and Ms. Jyoti Vij, Deputy Secretary-General, FICCI; attended the inaugural session and addressed the participants, setting the context for the conference.
There was a panel discussion on the subject, “Insolvency and Bankruptcy Reforms and the Way Forward”. The panellists included Mr. Rajesh Kumar Gupta, Chief General Manager, Insolvency and Bankruptcy Board of India; Mr. R. K. Bansal, Co-Chairman, FICCI National Committee on Stressed Assets; Mr. Prakash Rao, Executive Director, National Investment and Infrastructure Fund Limited; and Mr. Ashish Chhawchharia, Insolvency Professional. The panel discussion was moderated by Mr. Anoop Rawat, Partner, Shardul Amarchand Mangaldas & Co., Advocates & Solicitors.
The virtual conference was organised to mark five years of implementation of the Insolvency and Bankruptcy Code, 2016 and chart the way forward.