Key Points
In a first for the country's bankruptcy resolution regime, the insolvency regulator has prepared a "common panel" of 400 insolvency professionals (IPs) from those registered with it...
The Insolvency and Bankruptcy Board of India (IBBI) will share the list with the adjudicating authority to choose from to oversee cases of resolution or liquidation from July 1, according to an official...
Separately, the IBBI has also listed 17 insolvency professional entities (IPEs) that have been registered as IPs to oversee resolution, according to the list firmed up by the regulator on Tuesday...
Those featured in the list will be eligible for appointment as interim resolution professionals (in corporate insolvency resolution process), resolution professionals (in individual insolvency cases), liquidators and bankruptcy trustees under various sections of the Insolvency and Bankruptcy Code (IBC)..
These guidelines will be called the Insolvency Professionals to Act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2023...
