IBBI
The IBBI (Insolvency and Bankruptcy Board of India) dataset is critical for monitoring regulatory compliance, financial health, and managing insolvency risks. It assists corporate affairs, legal, and finance departments by providing comprehensive information on insolvency cases and their resolution status.
IBBI Official Source Data
| Attribute | Details |
|---|---|
| Full Form | Insolvency and Bankruptcy Board of India |
| Departments Involved | Corporate Affairs, Legal, Finance |
| Key Risks Identified | Delays in the resolution process, Prolonged Corporate Insolvency Resolution Process (CIRP) timelines, Frequent litigation and appeals causing bottlenecks |
| Focus Areas | Ensuring strict compliance with the Insolvency and Bankruptcy Code (IBC), Enhancing efficiency of the insolvency resolution process, Streamlining CIRP timelines and reducing delay |
| Source | IBBI https://ibbi.gov.in/en/orders/ |
| Period Source | 2017 |
| Compliance Framework | Ensures companies comply with insolvency regulations and manage associated risks |
| Used For | Litigation history, Defaulter & Blacklist mentions, Promoter & Related Party quality |
Data Management and Maintenance The IBBI dataset is updated on a monthly basis as cases are filed or resolved. Data is fetched incrementally using page numbers from the source, ensuring that both old and new cases are captured. The information is stored locally and backed up in S3, and updates are reflected within 72 hours in MySQL.
Compliance and Regulatory Framework This dataset supports corporate governance and risk management by helping companies stay informed of insolvency proceedings. It ensures compliance with bankruptcy laws and provides insights into the financial health of companies, aiding in strategic decisions related to financing and business operations.