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International Research Conference on Insolvency and Bankruptcy
May 8 , 2022
864 days
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- The first two-day International Research Conference on Insolvency and Bankruptcy was recently organized in India.
- It was organized by the Insolvency and Bankruptcy Board of India (IBBI), jointly with the Indian Institute of Management Ahmedabad (IIMA).
- Insolvency is a situation that arises due to the inability to pay off the debts due to insufficient assets to meet the liabilities.
- Bankruptcy is a situation wherein an application is made to an authority declaring insolvency and seeking to be declared bankrupt.
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