Navrang Saini has been given the additional charge as the Chairperson of the Insolvency and Bankruptcy Board of India (IBBI). The post fell vacant after M.S. Sahoo retired after a five-year tenure on September 30. Saini is a Whole Time Member of IBBI.
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The government has assigned additional charge of Chairperson to Mr Saini in addition to his existing duties. This will be for three months or till the joining of a new incumbent to the post or until further orders, whichever is earlier, it said in a release on October 13.
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.
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