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of <h1>Supreme Court Upholds Replacement of Resolution Professional, Affirms Compliance with Section 27 of IBC, 2016.</h1> The SC dismissed the Civil Appeal concerning the replacement of the appellant as Resolution Professional, ruling that the challenged orders align with ... Order of replacement of the appellant by another Resolution Professional - HELD THAT:- The impugned orders are in conformity with the principles laid down in Section 27 of the Insolvency and Bankruptcy Code, 2016. In view of this position, no case for interference with the impugned orders is made out. Appeal dismissed. The Supreme Court dismissed a Civil Appeal regarding the replacement of the appellant by another Resolution Professional, stating that the impugned orders are in conformity with Section 27 of the Insolvency and Bankruptcy Code, 2016.
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