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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Rule 8: Process for Confirming or Nominating Insolvency Professionals and Panel Provision for Bankruptcy Trustees.</h1> Rule 8 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors) Rules, 2019, outlines the process for confirming or nominating an insolvency professional. The Board is authorized to share a database of insolvency professionals, including details of any disciplinary actions, with the Adjudicating Authority. Additionally, the Board can provide a panel of insolvency professionals eligible for appointment as bankruptcy trustees to the Adjudicating Authority, as per specified sections of the Insolvency and Bankruptcy Code.
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