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        F. Acts / Amendment Acts

        Section 26 - Amendment of section 34

        Insolvency and Bankruptcy Code (Second Amendment) Act, 2018

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        Written consent requirement by the resolution professional now conditions initiation of Chapter II proceedings and related appointments. Amendment makes commencement of Chapter II subject to submission of a written consent by the resolution professional to the Adjudicatory Authority in a specified form, treats failure to submit that consent as a distinct clause, adjusts cross references to include the new clause, and requires written consent from an insolvency professional when appointing another insolvency professional.
                          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.

                                Written consent requirement by the resolution professional now conditions initiation of Chapter II proceedings and related appointments.

                                Amendment makes commencement of Chapter II subject to submission of a written consent by the resolution professional to the Adjudicatory Authority in a specified form, treats failure to submit that consent as a distinct clause, adjusts cross references to include the new clause, and requires written consent from an insolvency professional when appointing another insolvency professional.


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