Incorrect Classification of Claim as Secured Debt by Insolvency Professional: IBBI Directs to Undergo Pre-Registration Educational Course

Bankruptcy Board of India
Secured Debt - Insolvency Professional - IBBI - TAXSCAN

While deciding the case on the allegation of incorrect classification of claim as secured debt by an Insolvency Professional (IP), the Insolvency and Bankruptcy Board of India(IBBI)  directed the IP to undergo a pre-registration educational course specified under regulation 5(b) of the IP Regulations from the IPA where he is registered. The Show Cause Notice…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now