Description

Govt of India is organizing 2nd National Online Quiz on Insolvency and Bankruptcy Code-2016 from 1 to 31 August 2021.

The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders. It is one of the deepest economic reforms of India in the recent years.

The Quiz is open to Indian citizens aged 18 years and above as on 31st July, 2021. A participant is required to self-certify that he/she is eligible to take the Quiz and also that he/she abides by these terms and conditions.

A participant will get 10 (ten) minutes to complete the Quiz. There will be no negative marking.

The best performer will be awarded a Gold Medal along with a cash prize of ₹ 1,00,000/- (One lakh rupees only). The second-best performer will be awarded a Silver Medal along with a cash prize of ₹ 50,000/- (Fifty thousand rupees only). The third best performer will be awarded a Bronze Medal along with a cash prize of ₹ 25,000/- (Twenty five thousand rupees only). The next ten best performers will be awarded consolation prizes of ₹ 10,000/- (Ten thousand rupees only) each. These prizes and medals are sponsored by BSE Investors Protection Fund, as part of its investor awareness initiatives. These prizes and medals will be given away at an appropriate function to be decided by the IBBI.

What is inside: The document is a brochure on 2nd National Online Quiz on Insolvency and Bankruptcy Code-2016
2nd National Online Quiz on Insolvency and Bankruptcy Code-2016 quantity