TaxTMI 
TaxTMI 
Eligibility for resolution professional.
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.... case may be,] for a corporate insolvency resolution 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 o....
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.... the written consent of the proposed resolution professional in Form AA of the 7[Schedule-I].] (2) 5[an interim resolution professional or a resolution professional, as the case may be,] shall make disclosures at the time of his appointment and thereafter in accordance with the Code of Conduct. 6[(3) An interim resolution professional or a resolution professional, who is a director or a partner ....
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....ted 14-07-2021 before it was read as "a resolution professional" 5. Substituted vide Notification No. IBBI/2021-22/GN/REG075 dated 14-07-2021 before it was read as "a resolution professional" 6. Substituted vide Notification No. IBBI/2021-22/GN/REG075 dated 14-07-2021 before it was read as "(3) A resolution professional, who is a director or a partner of an insolvency ....