https://www.taxtmi.com/acts?id=31641 Recognition as an insolvency professional entity requires eligible entities to have an objective of providing support services or carrying out insolvency professional activities; meet a specified net worth threshold; ensure majority ownership or capital contribution and control by insolvency professionals; have a majority of partners or directors and whole-time directors as insolvency professionals; and prohibit partners or directors from holding similar positions in other recognised entities. en-us Thu, 04 Jan 2018 14:37:19 +0530 Fri, 30 Sep 2022 16:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31641 Recognition as an insolvency professional entity requires eligible entities to have an objective of providing support services or carrying out insolvency professional activities; meet a specified net worth threshold; ensure majority ownership or capital contribution and control by insolvency professionals; have a majority of partners or directors and whole-time directors as insolvency professionals; and prohibit partners or directors from holding similar positions in other recognised entities. Act-Rules IBC Thu, 04 Jan 2018 14:37:19 +0530 https://www.taxtmi.com/acts?id=31641