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    <title>Temporary Surrender and Revival of Professional Membership of an Insolvency Professional</title>
    <link>https://www.taxtmi.com/circulars?id=61376</link>
    <description>The circular directs that IPAs should not ordinarily accept temporary surrender where an IP has pending assignments under the Code, represents creditor classes, or is empanelled for roles such as IRP, Liquidator or SEBI Administrator. It requires IPAs to verify declarations on absence of assignments and disciplinary proceedings, residency, employment status, Code of Conduct compliance, fee payment and cooperation obligations. Six standard forms (Form A-F) are prescribed for application, IPA acceptance and intimation to the Board, and for revival and reinstatement upon verified eligibility.</description>
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    <pubDate>Thu, 02 May 2019 00:00:00 +0530</pubDate>
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      <title>Temporary Surrender and Revival of Professional Membership of an Insolvency Professional</title>
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      <description>The circular directs that IPAs should not ordinarily accept temporary surrender where an IP has pending assignments under the Code, represents creditor classes, or is empanelled for roles such as IRP, Liquidator or SEBI Administrator. It requires IPAs to verify declarations on absence of assignments and disciplinary proceedings, residency, employment status, Code of Conduct compliance, fee payment and cooperation obligations. Six standard forms (Form A-F) are prescribed for application, IPA acceptance and intimation to the Board, and for revival and reinstatement upon verified eligibility.</description>
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      <pubDate>Thu, 02 May 2019 00:00:00 +0530</pubDate>
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