Regulation 10A - Surrender of certificate of registration - Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016

1 [10A. Surrender of certificate of registration. (1) An insolvency professional may surrender its certificate of registration by making a request to the Board, in writing along with the certificate of registration in original. (2) If the Board is satisfied, it may accept the request for surrender of certificate of registration within thirty days of its receipt and upon acceptance, the registration of such insolvency professional shall stand cancelled. (3) On and from the date of cancellation of certificate of registration, the concerned person shall not represent itself to be a holder of the certificate for carrying out the activity for which such certificate had been granted. ] ************* NOTES:- 1. Inserted vide Notification No. IBBI/2023-24/GN/REG104 dated 18-09-2023