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Insolvency And Bankruptcy Board Of India

Consider the following statements with reference to the Insolvency and Bankruptcy Board of India

  1. It was established on 2nd October, 2015 under the Insolvency and Bankruptcy Code, 2015.
  2. It has regulatory oversight over the Insolvency Professionals, Insolvency Professional Agencies, Insolvency Professional Entities and Information.
  3. It has also been designated as the ‘Authority’ under the Companies (Registered Valuers and Valuation Rules), 2017 for regulation and development of the profession of valuers in the country.

Choose the incorrect statement(s) from the options given below:

A
Only 1
B
2 and 3
C
1 and 3
D
Only 3