Bankruptcy trustee consent form requires eligibility declarations, disclosures, and written acceptance from an insolvency professional. Written consent is required from an insolvency professional proposed to be appointed as bankruptcy trustee in the bankruptcy process for personal guarantors to corporate debtors. The form captures the professional's consent and declarations of registration, absence of disciplinary proceedings, no disqualification or disability to act as trustee, and eligibility under the applicable regulations and the Code. It also requires disclosure of processes in hand, including appointments as interim resolution professional, resolution professional, liquidator, bankruptcy trustee, authorised representative, and any other role stated by the professional.
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.
Bankruptcy trustee consent form requires eligibility declarations, disclosures, and written acceptance from an insolvency professional.
Written consent is required from an insolvency professional proposed to be appointed as bankruptcy trustee in the bankruptcy process for personal guarantors to corporate debtors. The form captures the professional's consent and declarations of registration, absence of disciplinary proceedings, no disqualification or disability to act as trustee, and eligibility under the applicable regulations and the Code. It also requires disclosure of processes in hand, including appointments as interim resolution professional, resolution professional, liquidator, bankruptcy trustee, authorised representative, and any other role stated by the professional.
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