https://www.taxtmi.com/acts?id=31104 When an insolvency professional is proposed as bankruptcy trustee, the Adjudicating Authority directs the Board to verify absence of disciplinary proceedings and the Board must either confirm that professional or reject and nominate another; if no trustee is proposed, the Adjudicating Authority directs the Board to nominate a trustee, and the confirmed or nominated trustee is appointed by the Adjudicating Authority in the bankruptcy order. en-us Tue, 02 Jan 2018 15:55:57 +0530 Fri, 06 Dec 2019 12:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31104 When an insolvency professional is proposed as bankruptcy trustee, the Adjudicating Authority directs the Board to verify absence of disciplinary proceedings and the Board must either confirm that professional or reject and nominate another; if no trustee is proposed, the Adjudicating Authority directs the Board to nominate a trustee, and the confirmed or nominated trustee is appointed by the Adjudicating Authority in the bankruptcy order. Act-Rules IBC Tue, 02 Jan 2018 15:55:57 +0530 https://www.taxtmi.com/acts?id=31104