Good reputation and character of a person is important for the appointment as an insolvency professional.
In dismissing the writ petition, the Delhi High Court underscored the significance of scrutinising past actions when appointing an insolvency professional. A Single Bench of Justice Subramonium Prasad has observed that “Discretion has been given to the Board to ensure that the corporate insolvency process is clean and free. Good reputation and character of a…
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