https://www.taxtmi.com/acts?id=53995 Amends section 34 of the Insolvency and Bankruptcy Code to revise the appointment of the liquidator after a liquidation order. The Adjudicating Authority must refer the matter to the Board for recommendation of an insolvency professional, and the Board must propose, within ten days, a professional other than the resolution professional, along with written consent in the specified form. Connected persons must assist the liquidator, records of the insolvency resolution process must be forwarded to the liquidator, and the resolution professional cannot be appointed or replaced as liquidator for the same corporate debtor. en-us Tue, 07 Apr 2026 13:05:10 +0530 Tue, 07 Apr 2026 13:05:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53995 Amends section 34 of the Insolvency and Bankruptcy Code to revise the appointment of the liquidator after a liquidation order. The Adjudicating Authority must refer the matter to the Board for recommendation of an insolvency professional, and the Board must propose, within ten days, a professional other than the resolution professional, along with written consent in the specified form. Connected persons must assist the liquidator, records of the insolvency resolution process must be forwarded to the liquidator, and the resolution professional cannot be appointed or replaced as liquidator for the same corporate debtor. Act-Rules F. Acts / Amendment Acts Tue, 07 Apr 2026 13:05:10 +0530 https://www.taxtmi.com/acts?id=53995