Insolvency professional agencies must submit and display an annual compliance certificate detailing governance, monitoring and disciplinary disclosures. IPAs must submit and publicly display an Annual Compliance Certificate in a prescribed format, including a detailed Annexure requiring itemised disclosures on member admission and eligibility, monitoring of professional standards, governance and committee composition, infrastructure and financial thresholds, grievance redressal, disciplinary outcomes, publication of bye laws and member performance, and verification that the certificate was placed before the IPA's Board; partial non compliance must be remedied by dates indicated.
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.
Insolvency professional agencies must submit and display an annual compliance certificate detailing governance, monitoring and disciplinary disclosures.
IPAs must submit and publicly display an Annual Compliance Certificate in a prescribed format, including a detailed Annexure requiring itemised disclosures on member admission and eligibility, monitoring of professional standards, governance and committee composition, infrastructure and financial thresholds, grievance redressal, disciplinary outcomes, publication of bye laws and member performance, and verification that the certificate was placed before the IPA's Board; partial non compliance must be remedied by dates indicated.
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