https://www.taxtmi.com/article/detailed?id=7964 The Board may direct inspections or investigations of an insolvency professional, require production of documents, and on completion issue a written show cause notice detailing alleged contraventions and proposed actions. The disciplinary committee may impose penalties, suspend or cancel registration, warn, or order restitution; monetary penalty may equal three times the loss or unlawful gain (whichever is higher) with a statutory cap where loss/gain is unquantifiable, and the Board may direct disgorgement and restitution to identifiable victims. en-us Tue, 17 Apr 2018 06:37:30 +0530 Tue, 17 Apr 2018 06:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7964 The Board may direct inspections or investigations of an insolvency professional, require production of documents, and on completion issue a written show cause notice detailing alleged contraventions and proposed actions. The disciplinary committee may impose penalties, suspend or cancel registration, warn, or order restitution; monetary penalty may equal three times the loss or unlawful gain (whichever is higher) with a statutory cap where loss/gain is unquantifiable, and the Board may direct disgorgement and restitution to identifiable victims. Articles Corporate Laws / IBC / SEBI Tue, 17 Apr 2018 06:37:30 +0530 https://www.taxtmi.com/article/detailed?id=7964