Insolvency Professional suspended for related party dealings & unauthorized valuation report submission.

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....Petitioner's registration as an Insolvency Professional suspended for one year by DC. Engaged brother's firm without proper CoC disclosure - related party transaction violation of Section 28(1)(f), IBC Code. Submitted valuation report without CoC approval/ratification - violation of Regulation 34, CIRP Regulations. Appropriate action taken against non-payment of water charges. Suspension upheld on two valid grounds despite one ground lacking. HC disposes application.....