Appointment and tenure of interim resolution professional [ Section 16 ]

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....r- * (c) appoint an interim resolution professional in the manner as laid down in section 16. Appointment and tenure of Interim Resolution Professional (IRP) [ Section 16 ] * Appointment of Insolvency of Resolution Professional [ Section 16(1) ] * The Adjudicating Authority shall appoint an interim resolution professional on the insolvency commencement date. * Initiation of CIRP by Financ....

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....ional; * (b) a proposal for an interim resolution professional is made under sub-section (4) of section 9, the resolution professional as proposed, shall be appointed as the interim resolution professional, if no disciplinary proceedings are pending against him. * Recommendation of Name interim resolution professional [ Section 16(4) ] * The Board shall, within ten days of the receipt of a r....

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....ting The committee of creditors, by a majority vote of not less than sixty-six per cent of the voting share of the financial creditors, * either resolve to appoint the interim resolution professional as a resolution professional or * to replace the interim resolution professional by another resolution professional. * Continuation of same IRP as RP / Replacement of IRP [ Section 22(3) ] ....