CAG Suman Saxena and two others appointed as whole-time members in IBBI
Former Deputy CAG Suman Saxena, Mukulita Vijaywargiya and Navrang Saini have been appointed as whole-time members for 5 years or or till completion of 65 years in Insolvency and Bankruptcy Board of India (IBBI) on February 3, 2017.
Insolvency and Bankruptcy Board of India (IBBI) : IBBI is mandated(अनिवार्य) to regulate the functioning of insolvency(दिवाला) professionals, insolvency professional agencies and information utilities (उपयोगिताओं) under the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate (संघटित करना) the existing framework by creating a single law for insolvency and bankruptcy,
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