https://www.taxtmi.com/acts?id=31535 A liquidator may appoint professionals, with the approval of the committee, to assist in discharge of duties for reasonable remuneration, which forms part of the liquidation cost. The liquidator cannot appoint a relative, a related party of the corporate debtor, or a person who served as auditor within the preceding five years. The professional must disclose any pecuniary or personal relationship with stakeholders or the corporate debtor as soon as it becomes known. en-us Thu, 04 Jan 2018 10:32:51 +0530 Mon, 08 Jun 2026 16:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31535 A liquidator may appoint professionals, with the approval of the committee, to assist in discharge of duties for reasonable remuneration, which forms part of the liquidation cost. The liquidator cannot appoint a relative, a related party of the corporate debtor, or a person who served as auditor within the preceding five years. The professional must disclose any pecuniary or personal relationship with stakeholders or the corporate debtor as soon as it becomes known. Act-Rules IBC Thu, 04 Jan 2018 10:32:51 +0530 https://www.taxtmi.com/acts?id=31535