Eligibility of resolution professional

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....a resolution process, if- (a) he, the insolvency professional entity of which he is a partner or a director, and all the partners and directors of the said insolvency professional entity are independent of the guarantor; (b) he is not subject to any ongoing disciplinary proceeding or a restraint order of the Board or of the insolvency professional agency of which he is a professi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....provide a written consent in ^4[such form as notified by the Board through circular] to the Adjudicating Authority before his appointment as resolution professional in a resolution process.     ************** NOTES:- 1. Inserted vide Notification No. IBBI/2023-24/GN/REG107 dated 31-01-2024 2. Substituted vide Notification No. IBBI/2023-24/GN/REG107 dated 31-0....