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<h1>Insolvency Professionals Must Meet Stringent Qualification Standards with Diverse Professional Experience Pathways Under Regulation 5</h1> Regulation 5 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 outlines eligibility criteria for registration as an insolvency professional. Candidates must pass the Limited Insolvency Examination, complete a pre-registration educational course, and have substantial professional experience. Acceptable experience includes ten years in law, management, or specific professional roles such as chartered accountant, company secretary, cost accountant, or advocate. The regulation allows combining different types of professional experience to meet qualification requirements.