Information storage by insolvency professionals: submissions held by information utilities with restricted access and prescribed duties. An insolvency professional may submit reports, registers and minutes relating to insolvency resolution, liquidation or bankruptcy proceedings to an information utility for storage. Access to such submitted material is restricted to the concerned insolvency professional, the Board and the Adjudicating Authority. The information utility must discharge the duties specified in Chapter VI in respect of those submissions.
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.
Information storage by insolvency professionals: submissions held by information utilities with restricted access and prescribed duties.
An insolvency professional may submit reports, registers and minutes relating to insolvency resolution, liquidation or bankruptcy proceedings to an information utility for storage. Access to such submitted material is restricted to the concerned insolvency professional, the Board and the Adjudicating Authority. The information utility must discharge the duties specified in Chapter VI in respect of those submissions.
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