https://www.taxtmi.com/highlights?id=105200 Authorised Representatives must obtain prior creditor-class instructions before concurring to resolution-plan timeline extensions under Section 25A(3); procedural character or time sensitivity does not excuse unilateral concurrence. They must also contemporaneously record consultations, including the date, participation or representative character, and views expressed. Emails may evidence consultations, but incomplete records of participation remain a contravention. Cancellation of an insolvency professional's registration requires a penalty proportionate to the misconduct. Where consultation records were incomplete and extensions were uninstructed, but fraud, personal gain, concealment, stakeholder prejudice, or impact on the resolution ou..... en-us Wed, 21 Oct 2026 08:37:56 +0530 Wed, 21 Oct 2026 08:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105200 Authorised Representatives must obtain prior creditor-class instructions before concurring to resolution-plan timeline extensions under Section 25A(3); procedural character or time sensitivity does not excuse unilateral concurrence. They must also contemporaneously record consultations, including the date, participation or representative character, and views expressed. Emails may evidence consultations, but incomplete records of participation remain a contravention. Cancellation of an insolvency professional's registration requires a penalty proportionate to the misconduct. Where consultation records were incomplete and extensions were uninstructed, but fraud, personal gain, concealment, stakeholder prejudice, or impact on the resolution ou..... Highlights IBC Wed, 21 Oct 2026 08:37:56 +0530 https://www.taxtmi.com/highlights?id=105200