2019 (9) TMI 586

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pinion that the IBBI, which is the Regulatory Authority is competent to conduct its own work and it would not come within the purview of the Adjudicating Authority to question them on every complaint made by an Ex-Director of a Corporate Debtor. We are not inclined to issue notice on the CA till we are convinced of any misconduct and direct them to take action against an Insolvency Professiona .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... int, This Bench is of the opinion that the IBBI, which is the Regulatory Authority is competent to conduct its own work and it would not come within the purview of the Adjudicating Authority to question them on every complaint made by an Ex-Director of a Corporate Debtor. We are not inclined to issue notice on the CA till we are convinced of any misconduct and direct them to take action against an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X