Written communication by proposed Interim Resolution Professional initiates application process to adjudicating authority under insolvency application rules. Written communication by a proposed Interim Resolution Professional, prescribed as Form 2 under sub rule (1) of rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, functions to notify the adjudicating authority of the proposed IRP's intent and to initiate the application process under the procedural framework of the insolvency application rules.
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Provisions expressly mentioned in the judgment/order text.
Written communication by proposed Interim Resolution Professional initiates application process to adjudicating authority under insolvency application rules.
Written communication by a proposed Interim Resolution Professional, prescribed as Form 2 under sub rule (1) of rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, functions to notify the adjudicating authority of the proposed IRP's intent and to initiate the application process under the procedural framework of the insolvency application rules.
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