“MOU between NLUO and Insolvency and Bankruptcy Board of India”
12 Nov 2022
A Memorandum of Association has been executed between National Law University, Odisha and Insolvency and Bankruptcy Board of India. The MOU primarily seeks to achieve the cooperation between the two organisations in regard to the insolvency and bankruptcy related activities. As part of the MOU it has been decided that both the organisations shall achieve the following:
- Develop and impart Regulatory Studies as a multi-disciplinary field of study that intertwines the disciplines of law, economics, management, accountancy, and behavioural sciences, by such measures as they deem fit.
- Conduct of awareness programmes/conferences/seminars/workshops etc. on issues related to the Insolvency and Bankruptcy Code, 2016.
- Develop and impart courses on insolvency and bankruptcy, to be offered to candidates from universities/ institutes all over India.
- Impart Continuous Professional Development (CPD) courses and workshops for Insolvency Professionals and other stakeholders of the IBC ecosystem.
- Conduct Moot Competition on the theme / issues or matters related to or connected with the Insolvency and Bankruptcy Code, 2016.
- Bring joint publications on the theme /issues or matters related to or connected the Insolvency and Bankruptcy Code, 2016, for the benefit of stakeholders of the IBC ecosystem.
- Impart training / workshops / seminars and CPD for Government officials, Regulators, bank officers, Judicial and Technical members, etc.
- Associate with the Board in its advocacy initiatives like Essay Competition, Internships with Board, Research, etc.
- Permit utilization of infrastructure facilities and faculty/support staff of NLUO for conducting the above events, based on mutual agreement, on a cases to case basis.
- Any other collaborative effort/initiative to be decided based on mutual discussions between the parties.
The faculty coordinator for the same in Ms. Ankeeta Gupta, Assistant Professor (Law).
It is hoped that a fruitful and long lasting relationship can be developed between NLUO and IBBI by way of the said MOU.
