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        IBC

        Regulation 14 - De-recognition

        Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016
        Chapter V
        RECOGNITION OF INSOLVENCY PROFESSIONAL ENTITIES

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        De-recognition of insolvency professional entities: Board may revoke recognition when sufficient cause exists by issuing a reasoned order. The Board may de-recognize an insolvency professional entity if it is of the opinion that sufficient cause exists, and it shall do so by passing a reasoned order, providing documented reasons for withdrawal of recognition under the regulatory framework.
                        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.

                            De-recognition of insolvency professional entities: Board may revoke recognition when sufficient cause exists by issuing a reasoned order.

                            The Board may de-recognize an insolvency professional entity if it is of the opinion that sufficient cause exists, and it shall do so by passing a reasoned order, providing documented reasons for withdrawal of recognition under the regulatory framework.


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