https://www.taxtmi.com/caselaws?id=800535 Interim suspension of an insolvency professional's registration remains effective pending final appeal where contested regulatory issues require full-record examination and no strong prima facie case, favourable balance of convenience, or irreparable injury is shown. Registration is the statutory basis for acting in every insolvency assignment; its suspension therefore removes eligibility to continue in other ongoing processes, not merely the assignment involving alleged misconduct. Mandatory communication of the suspension to Committees of Creditors and the Adjudicating Authority gives operational effect to that status. Such communication does not replace the Committee of Creditors' separate commercial authority to appoint a replacement resolution professional. en-us Mon, 07 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800535 Interim suspension of an insolvency professional's registration remains effective pending final appeal where contested regulatory issues require full-record examination and no strong prima facie case, favourable balance of convenience, or irreparable injury is shown. Registration is the statutory basis for acting in every insolvency assignment; its suspension therefore removes eligibility to continue in other ongoing processes, not merely the assignment involving alleged misconduct. Mandatory communication of the suspension to Committees of Creditors and the Adjudicating Authority gives operational effect to that status. Such communication does not replace the Committee of Creditors' separate commercial authority to appoint a replacement resolution professional. Case-Laws IBC Mon, 07 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800535