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The Tax Publishers Press Release No. IBBI/PR/2022/25, dt. 08-06-2022 Insolvency and Bankruptcy Board of India organises Conference on Entrepreneurship Liberty: Freedom of Entry, Competition and Exit and IP Conclave under Azadi ka Amrit Mahotsav on 10-6-2022 at New Delhi 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 Mahotsav. 2. Markets need freedom, broadly, at three stages of a business - to start a business (free entry), to continue the business (free competition) and to discontinue the business (free exit). The Insolvency and Bankruptcy Code, 2016 offers a market directed, time bound mechanism for resolution of insolvency, wherever possible, or exit, wherever required, and thereby ensures the ultimate freedom, the freedom to exit, facilitating ease of doing business. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Press Release No. IBBI/PR/2022/25, dt. 08-06-2022

Insolvency and Bankruptcy Board of India organises Conference on Entrepreneurship Liberty: Freedom of Entry, Competition and Exit and IP Conclave under Azadi ka Amrit Mahotsav on 10-6-2022 at New Delhi

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 Mahotsav.

2. Markets need freedom, broadly, at three stages of a business - to start a business (free entry), to continue the business (free competition) and to discontinue the business (free exit). The Insolvency and Bankruptcy Code, 2016 offers a market directed, time bound mechanism for resolution of insolvency, wherever possible, or exit, wherever required, and thereby ensures the ultimate freedom, the freedom to exit, facilitating ease of doing business.