The government has set up a 14 member panel to button down the increasing issues under insolvency and bankruptcy law.
The panel members include Insolvency and Bankruptcy Board of India (IBBI) Chairperson M S Sahoo, RBI Executive Director Sudarshan Sen, former Lok Sabha Speaker T K Viswanathan, Edelweiss Group Chairman and CEO Rashesh Shah, Shardul Amarchand Mangaldas & Co-Executive Chairman Shardul Shroff and Xpro India Chairman Sidharth Birla
Other members include AZB & Partners Partner Bahram Vakil, SBI Stressed Assets Resolution Group MD B Sriram, Additional Secretary (Banking) at the Department of Financial Services and a Joint Secretary from the corporate affairs ministry.
Presidents of the institutes of chartered accountants, cost accountants, and company secretaries are also part of the committee.
Source: Times of India