Authorisation for assignment: insolvency professionals must hold valid authorisation before accepting assignments, with limited grandfathering. An insolvency professional must hold a valid authorisation for assignment when accepting or commencing any assignment after 31 December 2019; this requirement does not apply to assignments the professional was undertaking as on 31 December 2019 or assignments coinciding with the date of expiry of their authorisation for assignment.
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.
Authorisation for assignment: insolvency professionals must hold valid authorisation before accepting assignments, with limited grandfathering.
An insolvency professional must hold a valid authorisation for assignment when accepting or commencing any assignment after 31 December 2019; this requirement does not apply to assignments the professional was undertaking as on 31 December 2019 or assignments coinciding with the date of expiry of their authorisation for assignment.
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