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Complaints and Grievances Table 28: Valuation Examinations
The IBBI (Grievance and Complaint Handing Procedure) Regulations, 2017 Phase Period Number of Attempts (some Number of Successful Attempts
HQDEOH D VWDNHKROGHU WR ÀOH D JULHYDQFH RU D FRPSODLQW DJDLQVW D VHUYLFH candidates made more than one in Asset Class
attempt) in Asset Class
provider. Beside this, grievance and complaints are received from the
Land & Plant & Securi- Land & Plant & Securi-
Centralised Public Grievance Redress and Monitoring System (CPGRAMS), Building Machin- ties or Building Machin- ties or
3ULPH 0LQLVWHU·V 2IÀFH 302 0LQLVWU\ RI &RUSRUDWH $IIDLUV 0&$ DQG ery Financial ery Financial
Assets Assets
other authorities. The receipt and disposal of grievances and complaints till
First Mar, 2018 - 9469 1665 4496 1748 324 707
September 30, 2022 is presented in Table 26. Mar, 2019
Second Apr, 2019 - 3780 757 4795 380 95 656
Table 26: Receipt and Disposal of Grievances and Complaints till May, 2020
September 30, 2022 (Number) Third Jun, 2020 - 8370 2015 8377 620 139 781
Jun, 2022
Year / Complaints and Grievances Received Total
Quarter Fourth Jul, 2022 - 2487 504 1478 211 38 128
Under the Through CP- Through Other Re- Dis- Under Sep, 2022
Regulations GRAM/PMO/ Modes ceived posed Exam-
MCA/Other ination Total 24106 4941 19146 2959 596 2272
Authorities)
Re- Dis- Re- Dis- Re- Dis-
ceived posed ceived posed ceived posed Building Ecosystem
2017 - 2018 18 0 6 0 22 2 46 2 44
Committees and Groups
2018 - 2019 111 51 333 290 713 380 1157 721 480
2019 - 2020 153 177 239 227 1268 989 1660 1393 747 Advisory committee on Service Providers
th
2020 - 2021 268 260 358 378 990 1364 1616 2002 361 The 9 meeting of the Advisory Committee on Service Providers was held
2021 - 2022 276 279 574 570 611 784 1461 1633 189 on July 11, 2022 through e-mode. Mr. T. V. Mohandas Pai, Chairperson of
Apr - Jun, 61 74 89 110 59 131 209 315 83 the Committee, chaired the meeting. The Committee discussed and made
2022
its recommendations on issues of remuneration of IPs, enabling entities to
Jul - Sep, 62 50 84 58 75 49 221 157 147 EHFRPH ,3V DQG ÀQDQFLDO VHOI VXIÀFLHQF\ RI WKH ,%%,
2022
Total 949 891 1683 1633 3738 3699 6370 6223 147
Advisory committee on Corporate Insolvency and Liquidation
th
The 10 meeting of the Advisory Committee on Corporate Insolvency and
Examinations Liquidation was held on July 16, 2022 through e-mode. Mr. Uday Kotak
chaired the meeting. The Committee deliberated on two discussion papers
Limited Insolvency Examination
namely: (a) Changes in the CIRP to reduce delays and improve the resolution
The IBBI publishes the syllabus, format, etc. of the examination under value; and (b) Streamlining the liquidation process.
regulation 3(3) of the IBBI (Insolvency Professionals) Regulations, 2016.
It reviews the same continuously to keep it relevant with respect to Research Guidance Group
dynamics of the market. It has successfully completed six phases of the The 4 meeting of the Research Guidance Group (RGG) was held on July
th
Limited Insolvency Examination. Sixth phase of the examination concluded 21, 2022 in hybrid mode under the chairmanship of Dr. K. P. Krishnan.
on February 28, 2022 and seventh phase commenced on March 01, 2022. 7KH JURXS ZDV EULHIHG RQ WKH ÀUVW ,QWHUQDWLRQDO 5HVHDUFK &RQIHUHQFH
It is a computer based online examination available on daily basis from organised by the Board in collaboration with Indian Institute of Management,
various locations across India. The details of the examination are given in Ahmedabad (IIMA) from April 30, 2022 to May 1, 2022 at IIMA campus.
Table 27. The group further discussed on data dissemination guidelines, IBC-21 and
webinars for researchers. The RGG members provided valuable suggestions
Table 27: Limited Insolvency Examination for organising research conferences in future.
Phase Period Number of Attempts Successful Attempts
(some candidates made
more than one attempt)
First Jan, 2017 - Jun, 2017 5329 1201
Second Jul, 2017 - Dec, 2017 6237 1112
Third Jan, 2018 - Oct, 2018 6344 1013
Fourth Nov, 2018 - Jun, 2019 3025 505
Fifth Jul, 2019 - Dec, 2020 5860 1016
Sixth Jan, 2021 - Feb, 2022 2741 474
th
4 meeting of RGG, July 21, 2022
Mar, 2022 - Jun, 2022 548 55
Seventh
Jul, 2022 - Sep, 2022 555 65
Roundtables
Total 30639 5441
During the quarter, the IBBI organised roundtables with stakeholders as
Valuation Examinations presented in Table 29:
The IBBI, being the authority, under the Valuation Rules, commenced the Table 29: Roundtables with stakeholders
Valuation Examinations for asset classes of: (a) Land and Building, (b) Plant
S. No. Date Particulars In Association with
and Machinery and (c) Securities or Financial Assets, on March 31, 2018.
It reviews these examinations continuously to keep it relevant with the 1 04-08-2022 ,QWHUDFWLYH PHHWLQJ RI WKH RIÀFLDOV RI YDULRXV Indian Banks’ Association
changing times. The third phase of the examinations concluded on June 30, Banks and IBA to discuss reg. proposed
amendments/reforms in the Code
2022 and the fourth phase commenced from July 1, 2022. It is a computer
based online examination available from several locations across India. The 2 10-08-2022 Roundtable with select IPs/IPEs as nominated Three IPAs
by IPAs to discuss reg. proposed amendments/
details of the examinations are given in Table 28. reforms in the Code
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11/15/2022 12:24:52 PM
IBBI newsletter.indd 23
IBBI newsletter.indd 23 11/15/2022 12:24:52 PM