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IBC - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Replacement of IRP - Appointment of Resolution Professional - ...

Insolvency and Bankruptcy

August 20, 2020

Replacement of IRP - Appointment of Resolution Professional - the COC has the requisite powers to propose change of the Interim Resolution Professional even in meeting/s subsequent to the first meeting mentioned in Section 22(2) of IBC. There is no requirement that they should give particular reasons for the change. - AT

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