Administrator appointment consent in insolvency proceedings, requiring disclosure of concurrent appointments, disciplinary status, and conflicts of interest. Form 2 requires the Administrator to agree to appointment if the application is admitted; disclose concurrent roles as interim resolution professional, ... Summary
Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019
Administrator appointment consent in insolvency proceedings, requiring disclosure of concurrent appointments, disciplinary status, and conflicts of interest.
Form 2 requires the Administrator to agree to appointment if the application is admitted; disclose concurrent roles as interim resolution professional, resolution professional or liquidator; certify no disciplinary proceedings are pending with the Board or relevant regulator; and either state absence of any conflict of interest or specify existing interests that constitute a conflict.
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