Investor Awareness – National Online Quiz on Insolvency and Bankruptcy Code, 2016

insolvency-bankruptcy-code-2016-national-quiz
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Investor Awareness – National Online Quiz on Insolvency and

Bankruptcy

Code, 2016

 

Investor Awareness – National Online Quiz on Insolvency and Bankruptcy Code, 2016 quiz is design for specially tax & legal professionals ,so enjoy it for lock down time !

♦ Details of Quiz 

  • Online Quiz Date – 01st July to 31st July,2020
  • Subject – Investor Awareness – National Online Quiz on Insolvency and Bankruptcy Code, 2016
  • Website – https://quiz.mygov.in
  • First Prize – 1,00,000/- + Gold Medal
  • Second Prize – 50,000/- + Silver Medal
  • Third Prize – 25,000/- + Bronze Medal
                The Insolvency and Bankruptcy Code, 2016 (Code) supplies for reorganisation and insolvency solution of individuals – corporate, restricted legal responsibility partnerships, proprietorship and partnership companies, and folks – in rigidity, in a time certain way for maximisation of price of property of such individuals, to advertise entrepreneurship, availability of credit score and steadiness the pursuits of all of the stakeholders.Investor Awareness – National Online Quiz on Insolvency and Bankruptcy Code, 2016 specially for General professionals.

♦ Important points

1. It is without doubt one of the inner most financial reforms of India within the contemporary years. The Insolvency and Chapter Board of India (IBBI) established below the Code is a regulator having explicit statutory tasks.
2. The provisions when it comes to company insolvency (solution procedure, liquidation procedure and voluntary liquidation procedure), and particular person insolvency coping with solution procedure and financial disaster procedure of private guarantors to company borrowers are lately in drive. The provisions when it comes to particular person insolvency coping with contemporary get started procedure, proprietorship and partnership companies and different people are anticipated to be applied in levels. One must have a elementary thought concerning the targets of and processes below the Code to permit her to make use of it to her benefit, will have to a necessity get up.
3. In order to advertise consciousness and figuring out of the Code amongst stakeholders, the IBBI introduced a Nationwide On-line Quiz at the Code these days, in collaboration with the Govt of India’s citizen engagement portal, quiz.mygov.in. The Quiz is open on https://quiz.mygov.in for a length of 1 month from 1st July, 2020 to 31st July, 2020.
One can take the quiz from any place, on any cellular/ pc, anytime. The most productive performers can be awarded medals and money prizes, whilst most sensible 10% members can be issued a Certificates of Benefit. The main points are to be had in brochure to be had on the we blink : https://quiz.mygov.in/quiz/quiz-on-insolvency-and-bankruptcy-code/
4. We request you to kindly take part and likewise inspire everybody round you to take part within the quiz? Must you want any rationalization, you  might please to ship a mail at apurv.agarwal@ibbi.gov.in or raghav.ca@ibbi.gov.in.
Wish You a good luck Investor Awareness – National Online Quiz on Insolvency and Bankruptcy Code, 2016
Keep Secure,
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