Hyderabad: Insovlency and Bankruptcy Board of India (IBBI) will soon register 100 more insolvency professionals (IPs). It currently has 940 has IPs registered with it, said Navrang Saini, whole time member, IBBI.
The process will be continuous. We carry out a due diligence of the applications that come to us. The applications come to us through the insolvency professionals agencies.
Speaking at the national conference on New corporate insolvency regime and Real estate Regulation Act, organised by industry body Assocham here on Friday, he said insolvency professionals work to find a resolution plan. They can either be interim resolution professionals or resolution professionals. Chartered accountants, company secretaries, ad…
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