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Press Release No. IBBI/PR/2022/24, dt. 03-06-2022

Insolvency and Bankruptcy Board of India celebrates Azadi ka Amrit Mahotsav

Azadi Ka Amrit Mahotsav (AKAM) is an initiative of the Government of India to celebrate and commemorate 75 years of progressive India and the glorious history of its people, culture and achievements.

Since the beginning of AKAM celebrations which was started on 12-3-2021 by the Honble Prime Minister Shri Narendra Modi, IBBI has organized several activities and events as part of the Utsav, including :

Awareness Programmes in 75 districts of the country : Celebrating Azadi Ka Amrit Mahotsav,' IBBI, in association with Insolvency Professional Agencies is organising Awareness Programme about Insolvency Profession with special reference to Graduate Insolvency Programme (GIP)' to stimulate the youth of India to contribute to nation building process and be cognizant of key reforms being unleashed by the Government of India including the one about managing the insolvency space with speed and agility. These events are being organized in physical mode, in 75 districts across the country between 1st and 10-6-2022. During 1st June up to 3-6-2022, 8 such events have been conducted and have received an overwhelming participation. Live feed of events being organized at Itanagar, Arunachal Pradesh and Jammu is scheduled to be webcasted during the exhibition being organized, on 7-6-2022 at Vigyan Bhawan, New Delhi, by Ministry of Corporate Affairs.

International Research Conference on Insolvency and Bankruptcy : The First International Research Conference was organised by IBBI, jointly with the Indian Institute of Management, Ahmedabad on 30-4-2022 - 1-5-2022, at Ahmedabad, Gujarat. The two days conference that concluded today was attended by over 200 participants through physical presence and over 2000 participants joined online. The conference was inaugurated by Rao Inderjit Singh, the Honble Minister of State for Corporate Affairs. Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs (MCA), Government of India; Shri M. Rajeshwar Rao, Dy. Governor, Reserve Bank of India (RBI), and Shri Ravi Mital, Chairperson, IBBI. The event attracted and engaged the finest minds in the banking, industry, law, research and academia from India and abroad, discussing on a wide range of contemporary and emerging issues in the insolvency and bankruptcy space.

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