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  • REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-INSOLVENCY PROFESSIONAL TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE APPLICABLE LAWS.

    REGULATORY UPDATE: MINISTRY OF COPRORATE AFFAIRS-INSOLVENCY PROFESSIONAL TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE APPLICABLE LAWS.

    The IBBI vide its circular dated 3 January 2018 has directed Insolvency Professional that while acting as an Interim Resolution Professional, a Resolution Professional, or a Liquidator for a corporate person under the Code, an insolvency professional shall exercise reasonable

  • REGULATORY UPDATE: MINISTRY OF CORPORATE AFFAIRS-INSOLVENCY PROFESSIONAL NOT TO OUTSOURCE HIS RESPONSIBILITIES.

    REGULATORY UPDATE: MINISTRY OF CORPORATE AFFAIRS-INSOLVENCY PROFESSIONAL NOT TO OUTSOURCE HIS RESPONSIBILITIES.

    The Insolvency and Bankruptcy Board of India (IBBI) vide its circular dated 3 January 2018 has directed that the Insolvency Professional shall not outsource any of his duties and responsibilities to a third party and shall not require any certificate

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