Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
HC dismissed the petition and upheld the Disciplinary Committee's order suspending the IP's registration for two years (effective 16.09.2022) and directing refund of half the fees paid to a related professional firm. The HC affirmed findings that the IP engaged a related party improperly, failed to file an avoidance application in breach of Regulation 35A, and caused payment of excessive fees contrary to the Liquidation Regulations. The court found procedural compliance by the regulator despite an inspection order issued by an improper officer, and concluded the DC reasonably determined that services charged duplicated the liquidator's functions. Relief sought by the IP was refused.