IBBI (Insolvency and Bankruptcy Board of India)

The Insolvency and Bankruptcy Board of India (IBBI) is a regulatory body established in 2016 to oversee the insolvency and bankruptcy processes in India. Its main role is to promote efficient insolvency resolution, protect stakeholder interests, and ensure the orderly functioning of insolvency professionals and agencies. The IBBI formulates regulations, conducts training, and implements policies to facilitate quicker and more effective resolution of financial distress. This helps businesses recover and protects creditors' rights, contributing to a healthier financial ecosystem in the country.