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Eligibility for resolution professional

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Full Text of the Document

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....k process of a corporate debtor if he, and all partners and directors of the insolvency professional entity of which he is a partner or director, are independent of the corporate debtor. Explanation- A person shall be considered independent of the corporate debtor, if he - (a) is eligible to be appointed as an independent director on the board of the corporate debtor under section 149 of the....