As per the reports, the Insolvency & Bankruptcy Board of India (IBBI) has reconstituted its Advisory Committee on Service Providers and its Chairman would now be Mr. Mohandas Pai of Manipal Global Education Services. The 12- member panel would advise and provide professional support on regulation & development of the service providers dealt with by the IBBI, according to an order. Bharti Infratel Chairman Mr. Akhil Gupta, Raksha Shakti University Director General Mr. Bimal N Patel, CSB Bank MD & CEO Mr. Chinna Veerappan Rajendran, Former SEBI ED Mr. J Ranganayakulu, Former Deloitte India Chairman PR Ramesh & Indian Institute of Corporate Affairs DG & CEO Sameer Sharma are its members whereas, IIM Calcutta Board of Governors Chairman Shrikrishna Kulkarni, ICSI Institute of Insolvency Professionals MD Binoy J Kattadiyil, Former IIM Lukcnow Dean & Professor Punam Sahgal, Tube Investments of India Managing Director Vellayan Subbiah Murugappa as well as a representative from the Ministry of Corporate Affairs are part of the panel.
The service providers include insolvency professionals, insolvency professionals agencies, insolvency professional entities & information utilities.
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