IBBI proposes code of conduct for committee of creditors; seeks public comments

IBBI proposes code of conduct for committee of creditors; seeks public comments

Seeking to bring in more transparency, the Insolvency and Bankruptcy Board of India (IBBI) on Friday proposed a code of conduct for the committee of creditors under the insolvency law. IBBI, a key institution in implementing the Insolvency and Bankruptcy Code (IBC), has also proposed further measures to strengthen the regulatory framework for liquidation process. … Read more