https://www.taxtmi.com/article/detailed?id=15357 An Interim Resolution Professional is appointed from the Board's empanelment by the Adjudicating Authority upon admission of a CIRP application, may be proposed by applicants if no disciplinary proceedings are pending, and assumes control of the corporate debtor with the board suspended. The IRP manages the debtor until a Resolution Professional is appointed under section 22, must avoid excessive assignments, is regarded as a court officer, and may be replaced by the Adjudicating Authority for poor performance or contravention of the Code. en-us Thu, 06 Nov 2025 08:48:04 +0530 Thu, 06 Nov 2025 08:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15357 An Interim Resolution Professional is appointed from the Board's empanelment by the Adjudicating Authority upon admission of a CIRP application, may be proposed by applicants if no disciplinary proceedings are pending, and assumes control of the corporate debtor with the board suspended. The IRP manages the debtor until a Resolution Professional is appointed under section 22, must avoid excessive assignments, is regarded as a court officer, and may be replaced by the Adjudicating Authority for poor performance or contravention of the Code. Articles Corporate Laws / IBC / SEBI Thu, 06 Nov 2025 08:48:04 +0530 https://www.taxtmi.com/article/detailed?id=15357