Eligibility for insolvency professional registration requires exam clearance, mandated training and aggregable professional experience. Registration as an insolvency professional requires passing the Limited Insolvency Examination within the prescribed period, completing a Board mandated pre registration educational course after enrolment, and finishing approved insolvency programmes; alternatively, specified professional or managerial experience after relevant academic qualifications or recognised professional roles qualify. Only professional and managerial experience counts, and experience periods may be aggregated across sub categories to meet total experience thresholds, with illustrations clarifying computation.
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Provisions expressly mentioned in the judgment/order text.
Eligibility for insolvency professional registration requires exam clearance, mandated training and aggregable professional experience.
Registration as an insolvency professional requires passing the Limited Insolvency Examination within the prescribed period, completing a Board mandated pre registration educational course after enrolment, and finishing approved insolvency programmes; alternatively, specified professional or managerial experience after relevant academic qualifications or recognised professional roles qualify. Only professional and managerial experience counts, and experience periods may be aggregated across sub categories to meet total experience thresholds, with illustrations clarifying computation.
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