Registration as insolvency professional requires agency enrolment, statutory compliance and verified affirmations before the regulator. The form prescribes a unified enrolment and registration process for an entity and its members as an insolvency professional, requiring an authorised application, disclosures on corporate links, insolvency or bankruptcy history, and confirmation that the entity and its partners/directors meet the fit and proper standard and comply with regulations 12 and 13. Applicants must provide attestations, fee payment proof and specified attachments; misrepresentation may lead to summary cancellation or derecognition. The insolvency professional agency must verify details, confirm eligibility and recommend registration to the Board.
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Registration as insolvency professional requires agency enrolment, statutory compliance and verified affirmations before the regulator.
The form prescribes a unified enrolment and registration process for an entity and its members as an insolvency professional, requiring an authorised application, disclosures on corporate links, insolvency or bankruptcy history, and confirmation that the entity and its partners/directors meet the fit and proper standard and comply with regulations 12 and 13. Applicants must provide attestations, fee payment proof and specified attachments; misrepresentation may lead to summary cancellation or derecognition. The insolvency professional agency must verify details, confirm eligibility and recommend registration to the Board.
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