https://www.taxtmi.com/caselaws?id=425513 On an application under section 95(1) of the Insolvency and Bankruptcy Code, 2016, interim moratorium begins on filing under section 96(1)(a) in the personal guarantor insolvency process. The Authority may appoint the proposed insolvency professional as resolution professional under section 97, subject to a valid authorisation for assignment. The resolution professional must then conduct the statutory inquiry and submit recommendations on admission or rejection within the section 99 timeline. The note therefore confirms the procedural sequence for personal guarantor insolvency applications: moratorium on filing, appointment of a resolution professional, and inquiry before admission decision. en-us Fri, 01 Jul 2022 00:00:00 +0530 Mon, 25 Jul 2022 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425513 On an application under section 95(1) of the Insolvency and Bankruptcy Code, 2016, interim moratorium begins on filing under section 96(1)(a) in the personal guarantor insolvency process. The Authority may appoint the proposed insolvency professional as resolution professional under section 97, subject to a valid authorisation for assignment. The resolution professional must then conduct the statutory inquiry and submit recommendations on admission or rejection within the section 99 timeline. The note therefore confirms the procedural sequence for personal guarantor insolvency applications: moratorium on filing, appointment of a resolution professional, and inquiry before admission decision. Case-Laws Insolvency and Bankruptcy Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425513