Executive Summary:
This document contains three notifications from the Ministry of Corporate Affairs, Government of India, regarding appointments to the Insolvency and Bankruptcy Board of India. Ms. Suman Saxena, Dr. Navrang Saini, and Dr. Ms. Mukulita Vijayawargiya are appointed as wholetime members. The appointments are effective from February 22, 2017, March 31, 2017 and April 13, 2017 respectively, or until the attainment of sixty-five years of age, or until further orders, whichever is earlier.
Key Points / Main Content:
Appointments:
* Ms. Suman Saxena appointed as wholetime member.
* Dr. Navrang Saini appointed as wholetime member.
* Dr. Ms. Mukulita Vijayawargiya appointed as wholetime member.
Terms and Conditions:
* Appointees receive a salary admissible to an Additional Secretary to the Government of India OR a consolidated salary of Rs 3,75,000 per month.
* Ms. Suman Saxena's appointment is effective from February 22, 2017.
* Dr. Navrang Saini's appointment is effective from March 31, 2017 for five years.
* Dr. Ms. Mukulita Vijayawargiya's appointment is effective from April 13, 2017 for five years.
* All appointments are subject to age limit (65 years) or further orders, whichever is earlier.
* Appointments are made under Section 189 of the Insolvency and Bankruptcy Code, 2016.
Impact Analysis:
Insolvency and Bankruptcy Board of India:
* Impact: The Board gains three new wholetime members.
* Action Required: Integrate the new members into the Board's operations.
Appointees (Ms. Suman Saxena, Dr. Navrang Saini, and Dr. Ms. Mukulita Vijayawargiya):
* Impact: They assume the responsibilities and duties of wholetime members of the Board.
* Action Required: Assume their roles and responsibilities from the effective dates specified.
Central Government (Ministry of Corporate Affairs):
* Impact: Fulfilment of statutory obligations under the Insolvency and Bankruptcy Code, 2016.
* Action Required: Ensure compliance with the terms of the appointments.
Key Entities Referenced
Ministry of Corporate Affairs: The ministry issuing the notifications regarding appointments to the Insolvency and Bankruptcy Board of India.
Insolvency and Bankruptcy Code, 2016: A law under which the Central Government is exercising its power to appoint members to the Insolvency and Bankruptcy Board of India.
Suman Saxena: Appointed as a wholetime member of the Insolvency and Bankruptcy Board of India.
Insolvency and Bankruptcy Board of India: The board to which appointments are being made.
Navrang Saini: Appointed as a wholetime member of the Insolvency and Bankruptcy Board of India.
Mukulita Vijayawargiya: Appointed as a wholetime member of the Insolvency and Bankruptcy Board of India.
Amardeep Singh Bhatia: Joint Secretary who signed the notifications.
New Delhi: Location where the notification was issued.
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No. 1388] NEW DELHI, TUESDAY, MAY 16, 2017/VAISAKHA 26, 1939
कारपोरेट कायर् म(cid:7074)ं ालय
अिधसूचना
नई िदल् ली, 15 मई, 2017
का.आ. 1571(अ).— केन्(cid:7076)ीय सरकार, िदवाला और शोधन अक्षमता संिहता, 2016 (2016 का 31) की
धारा 189 (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए सु(cid:7088)ी सुमन सक्सेना को भारत सरकार के अपर सिचव को
स्वीकायर् वेतन या 3,75,000 रुपए (तीन लाख पचह(cid:7275)र हजार रुपए) (cid:7079)ितमाह के समेिकत वेतन पर तारीख
22 फरवरी, 2017 से अथार्त् कायर्भार (cid:7061)हण करने की तारीख से प(cid:7289)सठ वषर् की आयु होने तक या आगे के आदशे (cid:7298),
इनम(cid:7286) से जो भी पूवर्तर हो, तक भारतीय िदवाला और शोधन अक्षमता बोडर् म(cid:7286) पूणर्कािलक सदस्य के रूप म(cid:7286) िनयु(cid:7334)
करती ह।ै
[फा. सं. 30/2/2016-इंसोल्व(cid:7286)सी अनुभाग (i)]
अमरदीप िसंह भािटया, संयु(cid:7334) सिचव
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 15th May, 2017
S.O. 1571(E).— In exercise of the powers conferred by section 189 of the Insolvency and Bankruptcy Code,
2016 (31 of 2016), the Central Government hereby appoints Ms. Suman Saxena, as whole-time member of the
Insolvency and Bankruptcy Board of India on a salary admissible to an Additional Secretary to Government of India or
on a consolidated salary of Rs 3,75,000 (rupees three lakh seventy five thousand) per month with effect from the
22nd February, 2017 i.e., the date of assumption of the charge and up to the attainment of sixty-five years of age or until
further orders, whichever is the earlier.
[F. No. 30/2/2016-Insolvency Section(i)]
AMARDEEP SINGH BHATIA, Jt. Secy.
3165 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
अिधसचू ना
नई िदल्ली, 15 मई, 2017
का.आ. 1572 (अ).— केन्(cid:7076)ीय सरकार, िदवाला और शोधन अक्षमता संिहता, 2016 (2016 का 31) की
धारा 189 (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए डॉ. नवरंग सैनी को भारत सरकार के अपर सिचव को स्वीकायर्
वेतन या 3,75,000 रुपए (तीन लाख पचह(cid:7275)र हजार रुपए) (cid:7079)ितमाह के समेिकत वेतन पर तारीख
31 माचर्, 2017 से अथार्त् कायर्भार (cid:7061)हण करने की तारीख से पांच वषर् के िलए या प(cid:7289)सठ वषर् की आयु होने तक या
आगे के आदशे (cid:7298), इनम(cid:7286) से जो भी पूवर्तर हो, तक भारतीय िदवाला और शोधन अक्षमता बोडर् म(cid:7286) पूणर्कािलक सदस्य के
रूप म(cid:7286) िनयु(cid:7334) करती ह।ै
[फा. सं. 30/2/2016-इंसोल्व(cid:7286)सी अनुभाग (ii)]
अमरदीप िसंह भािटया, संय(cid:7334)ु सिचव
NOTIFICATION
New Delhi, the 15th May, 2017
S.O. 1572(E).—In exercise of the powers conferred by section 189 of the Insolvency and Bankruptcy Code,
2016 (31 of 2016), the Central Government hereby appoints Dr. Navrang Saini, as whole-time member of the Insolvency
and Bankruptcy Board of India on a salary admissible to an Additional Secretary to Government of India or on a
consolidated salary of Rs 3,75,000 (rupees three lakh seventy five thousand) per month with effect from the 31st March,
2017 i.e., the date of assumption of the charge for a period of five years or up to the attainment of sixty-five years of age
or until further orders, whichever is the earlier.
[F.No. 30/2/2016-Insolvency Section(ii)]
AMARDEEP SINGH BHATIA, Jt. Secy.
अिधसचू ना
नई िदल्ली, 15 मई, 2017
का.आ. 1573 (अ).— केन्(cid:7076)ीय सरकार, िदवाला और शोधन अक्षमता संिहता, 2016 (2016 का 31)
की धारा 189 (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए डॉ. (सु(cid:7088)ी) मुकुिलता िवजयवग(cid:7278)य को भारत सरकार के
अपर सिचव को स्वीकायर् वेतन या 3,75,000 रुपए (तीन लाख पचह(cid:7275)र हजार रुपए) (cid:7079)ितमाह के समेिकत वेतन
पर तारीख 13 अ(cid:7079)ैल, 2017 स े अथार्त् कायर्भार (cid:7061)हण करने की तारीख से पांच वषर् के िलए या प(cid:7289)सठ वषर् की आय ु
होने तक या आगे के आदशे (cid:7298), इनम(cid:7286) से जो भी पूवर्तर हो, तक भारतीय िदवाला और शोधन अक्षमता बोडर् म(cid:7286) पूणर्-
कािलक सदस्य के रूप म(cid:7286) िनयु(cid:7334) करती ह।ै
[फा. सं. 30/2/2016-इंसोल्व(cid:7286)सी अनुभाग (iii)]
अमरदीप िसंह भािटया, संय(cid:7334)ु सिचव¹Hkkx IIμ[k.M 3 (ii)º Hkkjr dk jkti=k % vlk/kj.k 3
NOTIFICATION
New Delhi, the 15th May, 2017
S. O. 1573 (E).—In exercise of the powers conferred by section 189 of the Insolvency and Bankruptcy
Code, 2016 (31 of 2016), the Central Government hereby appoints Dr.(Ms) Mukulita Vijayawargiya, as whole-
time member of the Insolvency and Bankruptcy Board of India on a salary admissible to an Additional
Secretary to Government of India or on a consolidated salary of Rs 3,75,000 (rupees three lakh seventy five
thousand) per month with effect from the 13th April, 2017 i.e., the date of assumption of the charge for a
period of five years or up to the attainment of sixty-five years of age or until further orders, whichever is the
earlier.
[F. No. 30/2/2016-Insolvency Section(iii)]
AMARDEEP SINGH BHATIA, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.