IBBI seeks public comments on contents of Request for Proposal (RFP)

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..... IBBI seeks public comments on contents of Request for Proposal (RFP)
News and Press Release
Dated:- 24-2-2018

The Insolvency and Bankruptcy Board of India (IBBI) is inviting public comme .....

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..... nts on contents of Request for Proposal (RFP). An RFP is an invitation for resolution plans from prospective resolution applicants who wish to bid for business of a corporate debtor going through Corp .....

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..... orate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016. A healthy participation of market players in the resolution process requires that the RFP (a) provides relevant informa .....

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..... tion, excluding those proscribed by the law, to help market participants make informed bids, and (b) clearly articulate the process, evaluation criteria, and timelines to bring transparency and effici .....

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..... ency to the process. To further this objective and facilitate a transparent and standard process for invitation and evaluation of resolution plans, IBBI is inviting comments from its stakeholders on .....

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..... the contents of the RFP for such resolution plans. Stakeholders can provide their comments citing their name, role (IP, IPA, Corporate Debtor, Creditor to Corporate Debtor, Investors, Academics, Othe .....

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..... rs), and email address. The comments should be submitted by email to [email protected] by 9th March, 2018.
News - Press release - PIB .....

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