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of <h1>Committee of creditors can replace resolution professional with 66% vote; 2018 amendment lowered threshold from 75%.</h1> During the corporate insolvency resolution process, the committee of creditors can replace the appointed resolution professional if deemed necessary. This requires a 66% vote from the committee, along with written consent from the proposed new professional. The committee must then submit the candidate's name to the Adjudicating Authority, which forwards it to the Board for confirmation. If disciplinary proceedings are pending against the proposed professional, the current resolution professional remains until a new one is appointed. This provision was amended in 2018 to lower the required voting threshold from 75% to 66%.
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