https://www.taxtmi.com/highlights?id=84251 Petitioner's registration as an Insolvency Professional suspended for one year by DC. Engaged brother's firm without proper CoC disclosure - related party transaction violation of Section 28(1)(f), IBC Code. Submitted valuation report without CoC approval/ratification - violation of Regulation 34, CIRP Regulations. Appropriate action taken against non-payment of water charges. Suspension upheld on two valid grounds despite one ground lacking. HC disposes application. en-us Tue, 24 Dec 2024 08:28:11 +0530 Tue, 24 Dec 2024 08:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84251 Petitioner's registration as an Insolvency Professional suspended for one year by DC. Engaged brother's firm without proper CoC disclosure - related party transaction violation of Section 28(1)(f), IBC Code. Submitted valuation report without CoC approval/ratification - violation of Regulation 34, CIRP Regulations. Appropriate action taken against non-payment of water charges. Suspension upheld on two valid grounds despite one ground lacking. HC disposes application. Highlights IBC Tue, 24 Dec 2024 08:28:11 +0530 https://www.taxtmi.com/highlights?id=84251