COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).

COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2). https://www.taxtmi.com/highlights?id=54405 Replacement of IRP - Appointment of Resolution Professional - the COC has the requisite powers to propose change of the Interim Resolution Professional even in meeting/s subsequent to the first meeting mentioned in Section 22(2) of IBC. There is no requirement that they should give particular reasons for the change. - AT en-us Thu, 20 Aug 2020 08:39:11 +0530 Thu, 20 Aug 2020 08:39:11 +0530 TaxTMI RSS Generator COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2). https://www.taxtmi.com/highlights?id=54405 Replacement of IRP - Appointment of Resolution Professional - the COC has the requisite powers to propose change of the Interim Resolution Professional even in meeting/s subsequent to the first meeting mentioned in Section 22(2) of IBC. There is no requirement that they should give particular reasons for the change. - AT Highlights Insolvency and Bankruptcy Thu, 20 Aug 2020 08:39:11 +0530 https://www.taxtmi.com/highlights?id=54405