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Appointment of insolvency professional as bankruptcy trustee.

Section 125 - Act - BANKRUPTCY ORDER FOR INDIVIDUALS AND PARTNERSHIP FIRMS - Insolvency and Bankruptcy Code, 2016 - Section 125 - 125. (1) If an insolvency professional is proposed as the bankruptcy trustee in the application for bankruptcy under sec .....

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in ten days of the receipt of the direction under sub-section (1) in writing either- (a) confirm the appointment of the proposed insolvency professional as the bankruptcy trustee for the bankruptcy process; or (b) reject the appointment of the propos .....

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