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          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.

          <h1>Choice of authorised representative: creditors select the insolvency professional who secures the greatest number of choices after consent.</h1> The resolution professional examines Form P2, ascertains creditor class(es), and for each class identifies three insolvency professionals meeting independence, willingness and eligibility requirements, with preference for those registered in the State or Union territory hosting the most creditors or a nearby jurisdiction where necessary. After obtaining consent in Form P5, the resolution professional solicits creditor choice among consenting professionals, selects the insolvency professional chosen by the greatest number of creditors as the authorised representative for the class, and informs the applicant with the selected professional's Form P5 consent.

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          ActsIncome Tax
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