TMI BlogChoice of authorised representativeX X X X Extracts X X X X X X X X Extracts X X X X ..... entation of creditors in a class ascertained under sub-regulation (1) in the committee, identify three insolvency professionals who are- (a) not relatives or related parties of the applicant or the resolution professional; (b) having their addresses, as registered with the Board, in the State or Union territory, as the case may be, which has the highest number of creditors in the class as pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... solution professional within three days; (v) select the insolvency professional, who is the choice of the highest number of creditors in the class to act as the authorised representative of the creditors of the respective class. (vi) inform the name of the insolvency professional selected under sub-regulation (5), along with his consent in Form P5, to the applicant. - - statute, statutor ..... X X X X Extracts X X X X X X X X Extracts X X X X
|