https://www.taxtmi.com/acts?id=31587 Eligibility for appointment as an interim resolution professional or resolution professional in a corporate insolvency resolution process depends on the insolvency professional, and all partners and directors of the insolvency professional entity, being independent of the corporate debtor. Independence excludes related parties and persons connected with the debtor's auditors, secretarial auditors, cost auditors, or qualifying legal or consulting firms. The regulation also requires disclosures at appointment and thereafter, and prohibits continuation where the insolvency professional entity or its other partners or directors represent any other stakeholder in the same process. en-us Thu, 04 Jan 2018 12:49:15 +0530 Fri, 05 Jun 2026 13:12:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31587 Eligibility for appointment as an interim resolution professional or resolution professional in a corporate insolvency resolution process depends on the insolvency professional, and all partners and directors of the insolvency professional entity, being independent of the corporate debtor. Independence excludes related parties and persons connected with the debtor's auditors, secretarial auditors, cost auditors, or qualifying legal or consulting firms. The regulation also requires disclosures at appointment and thereafter, and prohibits continuation where the insolvency professional entity or its other partners or directors represent any other stakeholder in the same process. Act-Rules IBC Thu, 04 Jan 2018 12:49:15 +0530 https://www.taxtmi.com/acts?id=31587