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    <title>2018 (8) TMI 838 - INSOLVENCY AND BANKRUPTCY BOARD OF INDIA</title>
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    <description>The Disciplinary Committee canceled Mr. Wadhwa&#039;s registration as an Insolvency Professional due to multiple breaches of the Insolvency and Bankruptcy Code and the Insolvency Professional Regulations. His actions, including continuing as an Interim Resolution Professional beyond the permissible term, convening a Committee of Creditors meeting with insufficient notice, and approving a resolution plan without following due process, compromised the integrity of the Corporate Insolvency Resolution Process. As a result, Mr. Wadhwa is barred from accepting any assignments as an IRP, RP, or Liquidator, and the Board will replace him in ongoing processes.</description>
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      <description>The Disciplinary Committee canceled Mr. Wadhwa&#039;s registration as an Insolvency Professional due to multiple breaches of the Insolvency and Bankruptcy Code and the Insolvency Professional Regulations. His actions, including continuing as an Interim Resolution Professional beyond the permissible term, convening a Committee of Creditors meeting with insufficient notice, and approving a resolution plan without following due process, compromised the integrity of the Corporate Insolvency Resolution Process. As a result, Mr. Wadhwa is barred from accepting any assignments as an IRP, RP, or Liquidator, and the Board will replace him in ongoing processes.</description>
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