The Insolvency and Bankruptcy Board of India (IBBI) has signed a Cooperation Agreement with the International Finance Corporation (IFC), a member of the World Bank Group (WBG).
The agreement will enable IFC to assist IBBI to further build the capacity of insolvency professionals, and insolvency professional agencies for the purposes of the Code. The agreement was signed by K. R. Saji Kumar, Executive Director, IBBI and Jun Zhang, Country Manager, IFC India.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For LIC AAO Mains Exam:
- M. S. Sahoo is the Chairperson of Insolvency and Bankruptcy Board of India (IBBI).
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