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Home Highlights January 2020 Year 2020 This

Duties of Resolution Professional - Disciplinary Action - ...


Insolvency Professional Must Manage Corporate Debtor as Going Concern During CIRP, Ensure Transparency and Avoid Extra Costs.

January 5, 2020

Case Laws     Insolvency and Bankruptcy     Board

Duties of Resolution Professional - Disciplinary Action - non-disclosure to his IPA - During CIRP, it is the utmost responsibility of an IP to run the company of CD as a going concern and conduct the entire CIRP in a transparent manner without creating additional insolvency resolution process costs.

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