Appointment of Professionals

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..... sional shall, within seven days of his appointment but not later than forty-seventh day from the insolvency commencement date, appoint two registered valuers to determine the fair value and the liquidation value of the corporate debtor in accordance with regulation 35. (2) The interim resolution professional or the resolution professional, as the case may be, may appoint any professional, in a .....

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..... commencement date; (d) a partner or director of the insolvency professional entity of which the resolution professional is a partner or director. (4) The invoice for fee and other expenses incurred by a professional appointed under this regulation shall be raised in the name of the professional and be paid directly into the bank account of such professional. ] ************ .....

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..... ad as seven days of his appointment 3. Substituted vide Notification No. IBBI/2021-22/GN/REG075 dated 14-07-2021 before it was read as Appointment of registered valuers. 1 [27. The resolution professional shall within 2 [ seven days of his appointment, but not later than forty-seventh day from the insolvency commencement date ] , appoint two registered valuers to determine the .....

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