https://www.taxtmi.com/caselaws?id=778607 HC dismissed the petition and upheld the Disciplinary Committee's findings against the insolvency professional for engaging a related party, excessive payment to a firm for liquidator functions, and failure to file an avoidance application under Regulation 35A. The HC sustained suspension of registration for two years (effective 16.09.2022) and directed refund of half the fees paid to the firm, finding the inspection and disciplinary process lawful and compliant with procedure. The court held the excess fees were impermissible under the Liquidation Regulations and declined to interfere with the sanctioning of professional misconduct. en-us Tue, 09 Sep 2025 00:00:00 +0530 Thu, 18 Sep 2025 17:51:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778607 HC dismissed the petition and upheld the Disciplinary Committee's findings against the insolvency professional for engaging a related party, excessive payment to a firm for liquidator functions, and failure to file an avoidance application under Regulation 35A. The HC sustained suspension of registration for two years (effective 16.09.2022) and directed refund of half the fees paid to the firm, finding the inspection and disciplinary process lawful and compliant with procedure. The court held the excess fees were impermissible under the Liquidation Regulations and declined to interfere with the sanctioning of professional misconduct. Case-Laws IBC Tue, 09 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778607