New Delhi, Oct. 1 -- The Insolvency and Bankruptcy Board of India (IBBI) is working on the suggestions made in a recent case by the Supreme Court for improving the bankruptcy ecosystem, its chairperson Ravi Mital said on Wednesday.

Speaking at the ninth IBBI annual day event, Mital also said the regulator is currently revising its regulations after an intense review.

The apex court's suggestions cover a host of areas in the bankruptcy framework to be implemented by the IBBI, the ministry of corporate affairs, the ministry of housing and urban development, and the Real Estate Regulatory and Development Authorities (RERAs).

The apex court's suggestions came on 12 September in the case of Mansi Brar Fernandes vs Shubha Sharma, in which th...