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M S Sahoo, an acclaimed thought leader in financial markets, served as the first chairperson of the Insolvency and Bankruptcy Board of India (IBBI). Before joining the IBBI, he served as a member of the Competition Commission of India, secretary of the Institute of Company Secretaries of India, whole-time member of Sebi, and was an economic adviser to the National Stock Exchange of India. As an Indian Economic Services officer, he has worked in several ministries in the central government. He is a qualified Company Secretary and has post-graduate degrees in economics, law, and management.
M S Sahoo, an acclaimed thought leader in financial markets, served as the first chairperson of the Insolvency and Bankruptcy Board of India (IBBI). Before joining the IBBI, he served as a member of the Competition Commission of India, secretary of the Institute of Company Secretaries of India, whole-time member of Sebi, and was an economic adviser to the National Stock Exchange of India. As an Indian Economic Services officer, he has worked in several ministries in the central government. He is a qualified Company Secretary and has post-graduate degrees in economics, law, and management.
Undermining operational creditors is against the basic spirit of IBC
Realisation of statutory objectives in the securities market requires absolute clarity of statutory provisions
Central bank communication had moved decisively from "secrecy" to "transparency and accountability" over the decades.
The Bankruptcy Law Reforms Committee had spent considerable time on the timelines to be prescribed for various steps under the insolvency/bankruptcy proceedings
Govt should declare the units as ¿securities¿ for Sebi to regulate these