https://www.taxtmi.com/caselaws?id=403164 An insolvency professional may not accept or undertake an assignment after 31 December 2019 unless a valid authorisation for assignment is held on the date of acceptance or commencement, as applicable, under Regulation 7A. The document records that the assignment began after that date and that the professional did not hold a valid authorisation at the relevant time, amounting to a contravention of the Code, the Regulations, the bye-laws, and the duties of reasonable care and diligence. It also notes that prior disciplinary action and a warning had already been issued for the same conduct, so no further direction was issued. en-us Fri, 13 Nov 2020 00:00:00 +0530 Thu, 21 Jan 2021 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403164 An insolvency professional may not accept or undertake an assignment after 31 December 2019 unless a valid authorisation for assignment is held on the date of acceptance or commencement, as applicable, under Regulation 7A. The document records that the assignment began after that date and that the professional did not hold a valid authorisation at the relevant time, amounting to a contravention of the Code, the Regulations, the bye-laws, and the duties of reasonable care and diligence. It also notes that prior disciplinary action and a warning had already been issued for the same conduct, so no further direction was issued. Case-Laws Insolvency and Bankruptcy Fri, 13 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403164