Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Fourth Amendment) Regulations, 2022 - IBBI/2022-23/GN/REG099 - Insolvency and Bankruptcy
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Insolvency professional entity registration expanded, subject to fit-and-proper checks and Form AA application requirements. Recognised insolvency professional entities may apply to be registered as insolvency professionals provided the entity and any partner or director are fit and proper; eligibility is governed by amended regulation 4. Applications must be filed in Form AA with the prescribed non refundable fee and include a certified board/partners' resolution, certificate of recognition and professional membership, affirmations of compliance with regulations 12 and 13, disclosures on corporate relationships, and undertakings to comply with the Code. Only authorised partners or directors who are insolvency professionals may sign and act for an entity, and false or misleading information may lead to summary cancellation of registration or derecognition.
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 entity registration expanded, subject to fit-and-proper checks and Form AA application requirements.
Recognised insolvency professional entities may apply to be registered as insolvency professionals provided the entity and any partner or director are fit and proper; eligibility is governed by amended regulation 4. Applications must be filed in Form AA with the prescribed non refundable fee and include a certified board/partners' resolution, certificate of recognition and professional membership, affirmations of compliance with regulations 12 and 13, disclosures on corporate relationships, and undertakings to comply with the Code. Only authorised partners or directors who are insolvency professionals may sign and act for an entity, and false or misleading information may lead to summary cancellation of registration or derecognition.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.