The Government of India has extended the tenure of Navrang Saini as interim Chairperson of Insolvency and Bankruptcy Board of India (IBBI) for three more months till March 05, 2022. Mr. Saini, who is a Whole Time Member of IBBI, was assigned additional charge of Chairperson in addition to his existing duties in October 2021 for three months till January 13, 2022. The post of full-time Chairperson has been lying vacant after M.S. Sahoo retired upon completing a five-year tenure on September 30, 2021.
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Important takeaways for all competitive exams:
- Insolvency and Bankruptcy Board of India Headquarters: New Delhi;
- Insolvency and Bankruptcy Board of India Founder: Parliament of India;
- Insolvency and Bankruptcy Board of India Founded: 1 October 2016.