If we find a problem with the regulations, we will modify them: M.S. Sahoo
Insolvency board chairman M.S. Sahoo on the Insolvency and Bankruptcy Code
Mumbai: In September, M.S. Sahoo was named chairman of the Insolvency and Bankruptcy Board of India. Sahoo was previously a member of antitrust regulator Competition Commission of India and capital market watchdog Securities and Exchange Board of India (Sebi). At Mint’s Stressed Assets Investment Summit on 16 December, Sahoo spoke about the Insolvency and Bankruptcy Code, 2016, which is aimed at ensuring time-bound settlements of insolvency, enabling faster turnaround of businesses and creating a database of serial defaulters. Edited excerpts from an interview:
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