Dr. M. S. Sahoo has concluded his five-year term as the Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) on 30th September 2021. The IBBI family held a farewell function to honour his significant contributions and visionary leadership. During his tenure, Dr. Sahoo was instrumental in establishing the IBBI as a credible regulator and laying a strong foundation for its processes and professional development.
Insolvency and Bankruptcy Board of India
No. IBBI/PR/2021/25
1st October, 2021
Press Release
Dr. M. S. Sahoo completes tenure as Chairperson, Insolvency and Bankruptcy Board of India
Dr. M. S. Sahoo completed his tenure of five years as Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) on 30thSeptember, 2021. The IBBI family bid farewell to Dr. Sahoo and remembered his outstanding contributions as thought leader and as visionary, in a glittering farewell function or
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FAQ :
Dr. M. S. Sahoo completed his tenure of five years as Chairperson of the Insolvency and Bankruptcy Board of India on 30th September, 2021.
Dr. Sahoo served as the Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) for five years.
His leadership was recalled as astute and visionary, under which IBBI established itself as an institution of credibility, legitimacy, and repute.
He was credited with designing the Regulations for the Code's processes and the regulation of professionals within two months of IBBI's existence, and for the institution's effective response mechanism to market developments.
Dr. Sahoo fondly recalled his initial days as Chairperson with limited staff and expressed gratitude to the IBBI Family for their support, urging them to extend similar cooperation to his successor.
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Notification No : IBBI/PR/2021/25Published in Corporate Law
Source : https://ibbi.gov.in//uploads/press/530317f76020316a831adbb4ac7ef0f9.pdf