Insolvency Regulator issues its first Order, denies one IP registration

by Sumit Agrawal

The Insolvency and Bankruptcy Board of India (IBBI) was established on October 1, 2016 in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016. Within a short span of five months of its establishment, Dr. M S Sahoo, Chairman of IBBI has issued first regulatory order last week.

The order has been issued in an application under regulation 6 of

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