https://www.taxtmi.com/news?id=17542 A limited liability partnership, registered partnership firm or company may be recognised as an Insolvency Professional Entity where a majority of partners or a majority of whole-time directors are registered as insolvency professionals. An IPE is jointly and severally liable for acts or omissions of its partners or directors committed during such partnership or directorship. Insolvency professionals are registered and regulated, may engage other professionals, and may use organisational resources of an IPE for servicing insolvency transactions. en-us Mon, 06 Mar 2017 19:02:33 +0530 Mon, 06 Mar 2017 19:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17542 A limited liability partnership, registered partnership firm or company may be recognised as an Insolvency Professional Entity where a majority of partners or a majority of whole-time directors are registered as insolvency professionals. An IPE is jointly and severally liable for acts or omissions of its partners or directors committed during such partnership or directorship. Insolvency professionals are registered and regulated, may engage other professionals, and may use organisational resources of an IPE for servicing insolvency transactions. News - Mon, 06 Mar 2017 19:02:33 +0530 https://www.taxtmi.com/news?id=17542