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Date: 28-Aug-2023 Category: Extra Ordinary State: Union Government Country: India

Resignation of shri Krishnamurthy Subramanian Part time member IBBI

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The gazette notification announces the acceptance of the resignation of Shri Krishnamurthy Subramanian from his position as a part-time member of the Insolvency and Bankruptcy Board of India (IBBI).

Key Changes

  • Shri Krishnamurthy Subramanian's resignation from the post of part-time member in the Insolvency and Bankruptcy Board of India has been accepted.
  • The resignation is effective from November 1, 2022.

Impact Analysis

Insolvency and Bankruptcy Board of India (IBBI)

  • Suggested Action: IBBI to initiate the process of finding a suitable replacement for the part-time member position.

Stakeholders in Insolvency Resolution

  • Suggested Action: Stakeholders to remain informed of any changes in the board's composition and adapt to any resulting adjustments in processes.

Ministry of Corporate Affairs

  • Suggested Action: The Ministry to oversee a smooth transition and ensure minimal disruption to the IBBI's operations.

Key Entities Referenced

Insolvency and Bankruptcy Board of India (IBBI): A key regulatory body in India responsible for overseeing insolvency proceedings and regulating insolvency professionals. Shri Krishnamurthy Subramanian: Former part-time member of the Insolvency and Bankruptcy Board of India. Ministry of Corporate Affairs: The government ministry responsible for regulating corporate affairs in India.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-28082023-248378 xxxGIDExxx CG-DL-E-28082023-248378 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3653] नई दिल्ली, सोमवार, अगस्ट्त 28, 2023/भाद्र 6, 1945 No. 3653] NEW DELHI, MONDAY, AUGUST 28, 2023/BHADRA 6, 1945 कारपोरेट कार् यमत्रं ालर् अजधसचू ना नई दिल्ली, 28 अगस्ट्त, 2023 का.आ. 3813(अ).—केंद्रीर् सरकार, श्री कृष्णामूर्तय सुब्रह्मण्र्म, भारतीर् दिवाला और िोधन अक्षमता बोडय में अंिकाजलक सिस्ट्र् द्वारा त्र्ागपत्र िने े के पररणामस्ट्वरूप, 01 नवंबर, 2022 से भारतीर् दिवाला और िोधन अक्षमता बोडय में अंिकाजलक सिस्ट्र् के पि से श्री कृष्णामूर्तय सुब्रह्मण्र्म का त्र्ागपत्र स्ट्वीकार करती ह।ै [फा. सं.30-36/2022-इंसोल्वेंसी] अनीता िाह आकेल्ला, संर्ुक् त सजचव MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28th August, 2023 S.O. 3813(E).—Consequent upon the tendering of resignation by Shri Krishnamurthy Subramanian, part- time member in the Insolvency and Bankruptcy Board of India, the Central Government hereby accepts the resignation of Shri Krishnamurthy Subramanian from the post of part-time member in Insolvency and Bankruptcy Board of India with effect from the 1st day of November, 2022. [F. No. 30-36/2022-Insolvency] ANITA SHAH AKELLA, Jt. Secy. 5500 GI/2023 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.

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