You are currently viewing 3rd NATIONAL ONLINE QUIZ ON INSOLVENCY AND BANKRUPTCY CODE, 2016 16th April, 2022 to 15th May, 2022 Take a 10 minutes quiz from anywhere, any mobile/computer, anytime!

3rd NATIONAL ONLINE QUIZ ON INSOLVENCY AND BANKRUPTCY CODE, 2016 16th April, 2022 to 15th May, 2022 Take a 10 minutes quiz from anywhere, any mobile/computer, anytime!

3rd NATIONAL ONLINE QUIZ
ON INSOLVENCY AND BANKRUPTCY CODE, 2016
16th April, 2022 to 15th May, 2022

Dear Madam/Sir,

As you are aware, the Insolvency and Bankruptcy Code, 2016 (Code) is one of the deepest structural reforms in the Indian economy in recent times. The Insolvency and Bankruptcy Board of India (IBBI) endeavors to promote a deeper understanding of the Code among all its stakeholders so that they may make the best use of the same for their advantage.

In this spirit and to create awareness about the insolvency and bankruptcy regime amongst various stakeholders, IBBI is launching its 3rdNational Online Quiz on the Code, in collaboration with quiz.mygov.in, a Government of India’s citizen engagement portal. The Quiz Brochure containing detailed covenants is attached herewith for kind reference. The Quiz is active for a period of one month, from 16th April, 2022 to 15th May, 2022.

You can take the 10 minutes quizf rom anywhere, on any mobile/ computer, anytime. The best performers will be awarded medals and cash prizes, while top 10% of participants will be issued a Certificate of Merit.

The details are available in the brochure attached herewith.

CLICK HERE TO PARTICIPATE

Wish you happy quizzing!

This online Quiz takes just 10 minutes to participate – at any time of the day and can be played on a smartphone, tablet, or desktop PC, by Indian citizens above the age of 18 years.

The Best Performer will be awarded a Gold Medal and Cash Prize of Rs. 100,000/-, the Second-Best Performer will receive a Silver Medal and Cash Award of Rs. 50,000/– and the Third Best Performer will receive a Bronze Medal and Cash Award of Rs. 25,000/-. The next 10 best performers will get cash prizes of Rs. 10,000/- each. Besides, the Top 10% of performers will get a Certificate of Merit. All the participants will also receive a Participation Certificate.

Individuals working in IBBI and BSE Investors Protection Fund (permanent and contractual), service providers under the IBC and registered with IBBI and also their immediate family members are not eligible to participate in the Quiz.

The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for 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 in India in recent years. 

The Insolvency and Bankruptcy Board of India (IBBI) is a key pillar of the ecosystem responsible for implementation of the IBC. It is responsible for development and regulation of insolvency professionals, insolvency professional agencies and information utility.

It regulates various processes, namely, corporate insolvency resolution, corporate liquidation, a fresh start, individual insolvency resolution, and individual bankruptcy. It acts as the ‘Authority’ for regulation and development of the profession of valuers under the Companies (Registered Valuers and Valuation) Rules, 2017.

To promote awareness and understanding of the IBC among various stakeholders (Indian citizens) across the country, the IBBI has launched this online Quiz in collaboration with MyGov.in.

Further details at CLICK HERE

I request you to participate in the Quiz and encourage your colleagues and friends to participate in the Quiz in large numbers.

Participate in IBBI’s 2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016.
From 16th April, 2022 to 15th May, 2022.
1st Prize : Gold Medal and Cash Prize of Rs. 100,000/
2nd Prize : Silver Medal and Cash Award of Rs. 50,000/
3rd Prize : Bronze Medal and Cash Award of Rs. 25,000/
Along with other consolation cash prizes and merit certificates.
Check the brochure for guidelines & registration details at

https://www.ibbi.gov.in/uploads/whatsnew/f40d526e5c4485c3ff92cbe48370eea2.pdf

Guidelines on National Online Quiz on IBC

Terms and Conditions:
(a) The Quiz shall be open on the MyGov portal https://quiz.mygov.in for a period of one month from 16 April 2022 to 15 May 2022.
(b) The Quiz is open to Indian citizens aged 18 years and above as of 16 April 2022. Individuals working in IBBI and BSE Investors Protection Fund (permanent and contractual), service providers under the IBC and registered with IBBI, and also their immediate family members are not eligible to participate in the Quiz. 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……..

TO READ COMPLETE DETAILS CLICK THE LINK BELOW:

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