Disposal of Show-cause notice
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disciplinary Committee shall endeavour to dispose of the show-cause notice within a period of ^5[sixty days from the due date for receipt of reply to the show-cause notice].] (3) The order under sub-regulation (1) may provide for- (a) closure of show-cause notice without any direction; (b) warning; ^2[(ba) suspension or cancellation of authorisation for assignment of ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... professional, a copy of the order shall be sent to the insolvency professional agency of which he is a professional member.] ^4[(6) The Disciplinary Committee shall in the order passed under sub-regulation (1) require the service provider- (a) to discharge pending obligations, if any; (b) to continue its functions till such time as may be directed, only to enable stakeholders....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tion No. IBBI/2022-23/GN/REG087 dated 14-06-2022 3. Substituted vide Notification No. IBBI/2022-23/GN/REG087 dated 14-06-2022 before it was read as, "(5) The order under sub-regulation (1) shall be issued to the noticee immediately, and be published on the website of the Board." 4. Substituted vide Notification No. IBBI/2022-23/GN/REG....
TaxTMI