Resolution Professional Accountable for Biased Conduct: NCLT

Resolution Professional is accountable for his biased conduct, rules NCLT
NCLT - NCLT Mumbai - Resolution Professional - Corporate Insolvency - taxscan

The Mumbai Bench of the National Company Law Tribunal ( NCLT ) observed that Resolution Professional is accountable for his biased conduct. The present Application was preferred by the Bank of India, one of the members of CoC with a prayer to declare the plan submitted by the suspended director of Corporate Debtor, Mr. Ankit…

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