2nd NATIONAL ONLINE QUIZ
ON INSOLVENCY AND BANKRUPTCY CODE, 2016
1sT AUGUST, 2021 – 31st AUGUST, 2021
Take a 10 minutes quiz from anywhere, any mobile/computer, anytime!
The Insolvency and Bankruptcy Code, 2016 is landmark legislation. It provides a time-bound mechanism for reorganization and insolvency resolution of corporate persons, partnership firms, and individuals. In order to sensitize the general public and create awareness and understanding of the Code among the stakeholders, the IBBI has launched its 2nd National Online Quiz, in collaboration with MyGov.in.
The Quiz is open from 1st August 2021 to 31st August 2021 at https://quiz.mygov.in/quiz/2nd-national-online-quiz-on-insolvency-and-bankruptcy-code-2016/.
There are cash prizes and medals for the winners, sponsored by BSE Investor Protection Fund.
Further details at: https://ibbi.gov.in/IBBI-Brochure-National-Online-Quiz.pdf.
I request you to participate in the Quiz and encourage your colleagues and friends to participate in the Quiz in large numbers.
Participate in IBBI’s 2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016.
From 1st August To 31st August 2021.
1st Prize: Rs. 1,00,000/-
2nd Prize: Rs. 50,000/-
3rd Prize: Rs. 25,000/-
Along with other consolation cash prizes and merit certificates.
Check the brochure for guidelines & registration details at
https://ibbi.gov.in/uploads/whatsnew/6d9ad42bbd678229e72230c32850278b.pdf
Guidelines on National Online Quiz on IBC
The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for reorganization 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 recent years…… ……
1. The Insolvency and Bankruptcy Board of India (IBBI) is a key pillar of the ecosystem responsible for the implementation of the IBC. It is responsible for the development and regulation of insolvency professionals and other service providers. It regulates various processes, namely, corporate insolvency resolution, corporate liquidation, a fresh start, individual insolvency resolution, and individual bankruptcy. It acts as the ‘Authority for the regulation and development of the profession of valuers.
2. To promote awareness and understanding of the IBC among various stakeholders (Indian citizens) across the country, the IBBI has launched this online Quiz in collaboration with MyGov.in…..
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