https://www.taxtmi.com/caselaws?id=795310 Suspension of a resolution professional's registration for alleged misconduct in one CIRP should not, pending appeal, automatically prevent work on other assignments without a hearing concerning those assignments. The statutory framework preserves the respective committees of creditors' role in appointment or replacement, and Regulation 13(7) permits communication of disciplinary action to those committees. A blanket suspension was described as prima facie disproportionate because it displaced those committees' statutory role and affected unrelated assignments. The suspension was stayed for assignments other than the CIRP in which the professional had been removed, while the Board may communicate its order to the relevant committees for their decision. en-us Fri, 17 Jul 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795310 Suspension of a resolution professional's registration for alleged misconduct in one CIRP should not, pending appeal, automatically prevent work on other assignments without a hearing concerning those assignments. The statutory framework preserves the respective committees of creditors' role in appointment or replacement, and Regulation 13(7) permits communication of disciplinary action to those committees. A blanket suspension was described as prima facie disproportionate because it displaced those committees' statutory role and affected unrelated assignments. The suspension was stayed for assignments other than the CIRP in which the professional had been removed, while the Board may communicate its order to the relevant committees for their decision. Case-Laws IBC Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795310