Winner announcement for 5th National Online Quiz on Insolvency and Bankruptcy Code 2016
The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders. It is one of the deepest economic reforms of India in the recent years.
The Insolvency and Bankruptcy Board of India (IBBI) is a key pillar of the ecosystem responsible for implementation of the IBC. It is responsible for development and regulation of insolvency professionals and other service providers.
To promote awareness and understanding of the IBC among various stakeholders (Indian citizens) across the country, the IBBI launched the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016 in collaboration with MyGov and BSE IPF from 01st August 2024 to 31st August 2024.
The best performer will be awarded a Gold Medal along with a cash prize of ₹ 1,00,000/- (One lakh rupees only). The second-best performer will be awarded a Silver Medal along with a cash prize of ₹ 50,000/- (Fifty thousand rupees only). The third best performer will be awarded a Bronze Medal along with a cash prize of ₹ 25,000/- (Twenty-five thousand rupees only). The next ten best performers will be awarded consolation prizes of ₹ 10,000/- (Ten thousand rupees only) each. These prizes and medals were sponsored by BSE Investors Protection Fund, as part of its investor awareness initiatives. These prizes and medals to the three best performers will be given away at the celebration of 8th Annual Day of IBBI on 01st October 2024.
Find below the list of winners for the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016 held from 01st August 2024 to 31st August 2024:
| User ID | Name | Position Scored | Amount |
| 64087914 | Mr. Mayank Rathi | Ist | 1,00,000 |
| 81475544 | Ms. Shweta Pant | IInd | 50,000 |
| 100778674 | Ms. Sangeeta | IIIrd | 25,000 |
The IBBI and MyGov extends its heartiest congratulations to the winners of the Quiz and would like to thank all the participants for their overwhelming participation in the quiz.
