Eligibility for resolution professional

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..... sional for a fast track process of a corporate debtor if he, and all partners and directors of the insolvency professional entity of which he is a partner or director, are independent of the corporate debtor. Explanation A person shall be considered independent of the corporate debtor, if he (a) is eligible to be appointed as an independent director on the board of the corporate debto .....

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..... l shall make disclosures at the time of his appointment and thereafter in accordance with the Code of Conduct. (4) An insolvency professional shall not continue as a resolution professional if the insolvency professional entity of which he is a director or a partner, or any other partner or director of such insolvency professional entity represents any other stakeholders in the same fast track .....

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