Insolvency and Bankruptcy Board of India marks its tenth Annual Day at Bharat Mandapam

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Insolvency and Bankruptcy Board of India marks its tenth Annual Day at Bharat Mandapam

1 October 2026

The Insolvency and Bankruptcy Board of India celebrated its tenth Annual Day at Bharat Mandapam in New Delhi.
Minister of State for Corporate Affairs Harsh Malhotra inaugurated the event.
The Board was established on 1 October 2016 under the Insolvency and Bankruptcy Code, 2016.
The Code has been amended seven times in its ten years, most recently through the Insolvency and Bankruptcy Code (Amendment) Act, 2026.
More than 4,400 insolvency professionals and more than 6,000 registered valuers are now part of the ecosystem.
A publication titled 'Shaping the Next Decade of IBC: The Road Ahead' was released at the event.
Winners of the seventh National Online Quiz on the Insolvency and Bankruptcy Code were also recognised.

Established: 1 October 2016 Insolvency professionals registered: Over 4,400 Registered valuers: More than 6,000 Amendments to the Code: Seven sets in ten years Publication released: Shaping the Next Decade of IBC: The Road Ahead

Why it matters for exams: The founding date of the IBBI, its parent Code and the number of amendments are direct one-line questions in banking and economy papers.

Kerala PSCUPSCBank

1 October 2026 Source: Press Information Bureau

In plain words

IBBI Insolvency and Bankruptcy Board of India — The regulator of insolvency professionals, agencies and information utilities under the Insolvency and Bankruptcy Code.

IBC Insolvency and Bankruptcy Code, 2016 — The law that consolidated India's insolvency rules into a single time-bound resolution process.

Registered valuer Registered valuer — A professional registered with the IBBI to value assets in insolvency and company-law proceedings.