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IBC - Highlights / Catch Notes

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Appointment of the same resolution professional - it is ...

Insolvency and Bankruptcy

May 10, 2022

Appointment of the same resolution professional - it is submitted that, the resolution professional is appointed by the creditor and no person can be a judge in on own case. - The contention of the petitioner that subsequent appointment of the same resolution professional is arbitrary cannot be accepted. The procedure prescribed under the provisions is fair, rational and reasonable and same cannot be termed to be violative of Article 14. - HC

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