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2020 (2) TMI 1540 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARH BENCHSeeking for appointment of a Resolution Professional in place of the IRP - Section 22(2) & (3)(b) of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- Under sub section (4) of Section 9 of the Code, the Adjudicating Authority has to forward the name of Resolution Professional proposed under clause (b) of sub section (3) to the Insolvency and Bankruptcy Board of India for its confirmation and shall make such appointment after the confirmation of Board - in case, there is nothing against the person proposed, the Adjudicating Authority may appoint such person instead of seeking the confirmation from the IBBI. The Law Research Associate attached to this Tribunal has taken the print out from the database of Insolvency and Bankruptcy of India and the present status in respect of Mr. Kuldip Kumar Bassi, IP is that there is nothing adverse on record. Application allowed.
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