Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 Chapter IV ISSUE AND SURRENDER OF AUTHORISATION FOR ASSIGNMENT AND DISCIPLINARY PROCEEDINGS
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Disciplinary proceedings for insolvency professionals are governed by Inspection and Investigation Regulations, with specified show cause procedures. Disciplinary proceedings for insolvency professionals are governed by the Inspection and Investigation Regulations, 2017. Previously the substituted text provided a procedural framework requiring issuance of a written show-cause notice with specified content and enclosures, service rules, constitution of a Disciplinary Committee, adherence to natural justice, timelines for disposal and possible outcomes including warning, suspension or cancellation of authorisation for assignment and other actions under the Code.
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Provisions expressly mentioned in the judgment/order text.
Disciplinary proceedings for insolvency professionals are governed by Inspection and Investigation Regulations, with specified show cause procedures.
Disciplinary proceedings for insolvency professionals are governed by the Inspection and Investigation Regulations, 2017. Previously the substituted text provided a procedural framework requiring issuance of a written show-cause notice with specified content and enclosures, service rules, constitution of a Disciplinary Committee, adherence to natural justice, timelines for disposal and possible outcomes including warning, suspension or cancellation of authorisation for assignment and other actions under the Code.
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