2020 (1) TMI 809 - AT - Insolvency and Bankruptcy

Practice as a 'Professional' like Advocate, Resolution Professional etc. - Practice after retirement - HELD THAT - Merely because he has joined a profession and is an ex-employee, no bias can be alleged on the character of such person or the persons engaged such profession like Advocate or Resolution Professional in any matter including the 'Corporate Insolvency Resolution Process'. Let notice be issued on the Respondent by Speed Post. Requisites along with process fee be filed by 18th January, 2020 - Place the case 'for orders' on 3rd February, 2020.

Summary

The Appellate Tribunal ruled that a retired person can practice as a 'Professional' like Advocate or Resolution Professional without bias. Notice to the Respondent was ordered by Speed Post, with email notice if provided by the Appellant. The case was scheduled for orders on 3rd February, 2020, and the impugned order dated 4th January, 2020 was stayed until further notice.