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    <title>AUTHORIZATION FOR ASSIGNMENT UNDER INSOLVENCY RESOLUTION PROCESS</title>
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    <description>The amendment requires an insolvency professional to hold an authorization for assignment from his insolvency professional agency, valid for one year or until age seventy, before accepting assignments defined to include various roles under the Code; agencies must promptly inform the Board of issuance, renewal, suspension, cancellation, revocation of suspension or surrender of authorizations; breach exposes the professional to a Board show cause notice and Disciplinary Committee disposal, with orders ranging from warning to suspension or cancellation of authorization and other measures, generally effective after thirty days.</description>
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    <pubDate>Wed, 16 Sep 2020 11:08:40 +0530</pubDate>
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      <description>The amendment requires an insolvency professional to hold an authorization for assignment from his insolvency professional agency, valid for one year or until age seventy, before accepting assignments defined to include various roles under the Code; agencies must promptly inform the Board of issuance, renewal, suspension, cancellation, revocation of suspension or surrender of authorizations; breach exposes the professional to a Board show cause notice and Disciplinary Committee disposal, with orders ranging from warning to suspension or cancellation of authorization and other measures, generally effective after thirty days.</description>
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