https://www.taxtmi.com/caselaws?id=799982 Committee of Creditors' commercial decision to replace a resolution professional must be respected where it complies with the Insolvency and Bankruptcy Code, 2016, and applicable regulations. Although a resolution professional must act independently, the office carries no vested right to continue; replacement is objectionable only where it requires conduct contrary to the Code or regulations. Claims for professional fees and CIRP expenses require factual assessment of work performed, acceptable fees, expenses and objections, and require adjudication by the Adjudicating Authority. Potential effects on professional reputation are relevant when considering adverse observations concerning delay in replacement. en-us Wed, 23 Sep 2026 00:00:00 +0530 Wed, 30 Sep 2026 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799982 Committee of Creditors' commercial decision to replace a resolution professional must be respected where it complies with the Insolvency and Bankruptcy Code, 2016, and applicable regulations. Although a resolution professional must act independently, the office carries no vested right to continue; replacement is objectionable only where it requires conduct contrary to the Code or regulations. Claims for professional fees and CIRP expenses require factual assessment of work performed, acceptable fees, expenses and objections, and require adjudication by the Adjudicating Authority. Potential effects on professional reputation are relevant when considering adverse observations concerning delay in replacement. Case-Laws IBC Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799982