Eligibility for resolution professional

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..... te debtor if he, and all partners and directors of the insolvency professional entity of which he is a partner or director, are independent of the corporate debtor. Explanation- A person shall be considered independent of the corporate debtor, if he - (a) is eligible to be appointed as an independent director on the board of the corporate debtor under section 149 of the Companies Act, 2013 (18 o .....

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..... eafter in accordance with the Code of Conduct. (4) An insolvency professional shall not continue as a resolution professional if the insolvency professional entity of which he is a director or a partner, or any other partner or director of such insolvency professional entity represents any other stakeholders in the same fast track process. -
Statute, statutory provisions legislation, law, en .....

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