
Insolvency and Bankruptcy Board of India
The Insolvency and Bankruptcy Board of India (IBBI) is the regulatory authority responsible for overseeing the insolvency and bankruptcy processes in India. It establishes rules, sets standards, and supervises insolvency professionals, entities, and information providers to ensure transparent and efficient resolution of financial distress for companies and individuals. Its goal is to promote a fair, impartial, and effective legal framework for resolving insolvency issues, encouraging a healthy credit environment and economic growth.