Functions of insolvency professional agencies define membership, conduct standards, monitoring and grievance redress for insolvency professionals. An insolvency professional agency must grant membership to qualified applicants, establish and enforce professional conduct standards, monitor member performance, safeguard member rights and privileges, suspend or cancel membership under its bye laws, redress consumer grievances against members, and publish information about its functions, membership and member performance as required by regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Functions of insolvency professional agencies define membership, conduct standards, monitoring and grievance redress for insolvency professionals.
An insolvency professional agency must grant membership to qualified applicants, establish and enforce professional conduct standards, monitor member performance, safeguard member rights and privileges, suspend or cancel membership under its bye laws, redress consumer grievances against members, and publish information about its functions, membership and member performance as required by regulations.
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