Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief')

Print

IBBI announces results of the National Online Quiz

Published: Sep 02, 2020

By TIOLCORPLAWS News Service

NEW DELHI, SEPT 02, 2020: The Insolvency and Bankruptcy Board of India (IBBI), in collaboration with MyGov.in, conducted a ‘National Online Quiz on Insolvency and Bankruptcy Code, 2016' from 1 st July to 31 st July, 2020 to promote awareness and understanding of the Code among various stakeholders across the country. The Quiz was open for all Indian citizens above 18 years of age, except for individuals working in IBBI, service providers registered with IBBI, and also their immediate family members.

The Quiz received overwhelming response with 1,25,781 (One lakh twenty-five thousand seven hundred and eighty-one) participants. There were participants from every State and every Union Territory. Uttar Pradesh accounted for the highest participation with 15.7% of total participants, followed by Maharashtra with 11.7% and Delhi with 6.9%.

In terms of the Guidelines on the Quiz, top 10% of the participants, as per their performance, are entitled to receive ‘Certificates of Merit'. The names of these top 10% of participants are available at https://ibbi.gov.in/uploads/whatsnew/2020-09-01-180818-39l1c-d0d470965bd50a663be643b5d8bb2a1c.pdf .

The ‘Certificates of Merit' are being emailed to these meritorious participants by 10 th September, 2020.

Among the top 10% participants, Maharashtra returned the highest number, accounting for 15% of them, followed by Delhi with 11.7% and Uttar Pradesh with 11.4%. About 51% of the top 10% participants are in the age group of 18 to 25 and more than 82% of them are in the age group of 18 to 35. 5. The Quiz received interest from a wide range of stakeholders, including students, professionals, and employees. About 29% of the top 10% performers are students or members of chartered accountancy, 9% are students or members of company secretaryship, and 7% are employees of banks and financial institutions.

In terms of the Guidelines on the Quiz, the best performer is to be awarded a Gold Medal with a cash prize of Rs.1,00,000 (One lakh rupees), the second best performer is to get a Silver Medal and a cash prize of Rs.50,000 (Fifty thousand rupees), and the third best performer, a Bronze Medal and a cash prize of Rs.25,000 (Twenty-five thousand rupees). The following are the three best performers in the Quiz:

Best Performer: Mr. Aritra Saha, aged 23 years (User ID- 5292314). He has a Bachelor of Engineering degree from Army Institute of Technology and is currently working with Vodafone Shared Services, Bengaluru.

Second Best Performer: Mr. Pawan Khandelwal, aged 25 years (User ID- 25404624). He is a Chartered Accountant, currently working with GAIL (India) Limited, and posted in Bengaluru. Third Best Performer: Ms. Vakati Venkata Gnanusha, aged 24 years (User ID- 24778204). She is pursuing LLM from Osmania University, Hyderabad, after completing BSL LLB from ILS Law College, Pune.

The awards to the best performers will be given away at an appropriate function of the IBBI.  The IBBI extends heartiest congratulations to the best performers and all the top 10% performers in the Quiz.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.