Question

    Which of the following committee made recommendations of the Insolvency and Bankruptcy Code 2016?

    A Tiwari Committee Correct Answer Incorrect Answer
    B Narasimham committee Correct Answer Incorrect Answer
    C Raja Chelliah Committee Correct Answer Incorrect Answer
    D Bankruptcy Law Reforms Committee Correct Answer Incorrect Answer

    Solution

    On 22nd August 2014, the Ministry of Finance created a committee called the Bankruptcy Legislative Reforms Commission (BLRC), headed by T. K. Viswanathan (Former Union Law Secretary and Secretary General Lok Sabha). The Committee submitted its report to the Finance Minister on 4th November 2015.

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