The Insolvency and Bankruptcy Board of India (IBBI) has launched a series of Workshops, for senior officers of the major scheduled commercial banks (financial creditors), to develop an understanding of the role of and expectations from the Committee of Creditors (CoC) under the Code and to ensure that the CoC discharges its statutory duties and responsibilities with utmost care and diligence. The first such Workshop was organised with the officers of Union Bank of India on 29th May 2024 through online mode.