Home / 
COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).
X X X X Extracts X X X X
X X X X Extracts X X X X
....Replacement of IRP - Appointment of Resolution Professional - the COC has the requisite powers to propose change of the Interim Resolution Professional even in meeting/s subsequent to the first meeting mentioned in Section 22(2) of IBC. There is no requirement that they should give particular reasons for the change. - AT....