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    <title>Appointment and tenure of interim resolution professional [ Section 16 ]</title>
    <link>https://www.taxtmi.com/manuals?id=3071</link>
    <description>The Interim Resolution Professional is appointed on the insolvency commencement date: a financial creditor&#039;s or corporate debtor&#039;s proposed resolution professional is appointed if no disciplinary proceedings exist; for operational creditor applications the Adjudicating Authority either refers the matter to the Board for recommendation or appoints a proposed nominee if included and clear of disciplinary proceedings. The interim professional serves until the committee of creditors either confirms them as resolution professional or proposes a replacement to the Board for confirmation, and the interim continues if the Board delay prevents immediate replacement.</description>
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    <pubDate>Mon, 07 Aug 2023 18:57:00 +0530</pubDate>
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      <title>Appointment and tenure of interim resolution professional [ Section 16 ]</title>
      <link>https://www.taxtmi.com/manuals?id=3071</link>
      <description>The Interim Resolution Professional is appointed on the insolvency commencement date: a financial creditor&#039;s or corporate debtor&#039;s proposed resolution professional is appointed if no disciplinary proceedings exist; for operational creditor applications the Adjudicating Authority either refers the matter to the Board for recommendation or appoints a proposed nominee if included and clear of disciplinary proceedings. The interim professional serves until the committee of creditors either confirms them as resolution professional or proposes a replacement to the Board for confirmation, and the interim continues if the Board delay prevents immediate replacement.</description>
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      <pubDate>Mon, 07 Aug 2023 18:57:00 +0530</pubDate>
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