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Resolution Professional Misconduct Undermines Insolvency Process, Breaches Duties Under Insolvency and Bankruptcy Code.
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....Corporate insolvency process - misconduct by Resolution Professional(RP) - By not allowing and facilitating the CoC to play its rightful role, Mr. Gupta has dealt a fatal blow to the basic premise of the Code. He also failed to protect the interests of the corporate debtor and creditors and stepped into the shoes of the CoC.....