resolution
professional; or
(b) rejecting the appointment of the resolution professional
and nominating another resolution professional for the
insolvency resolution process.
(3) Where an application ... appointment of the nominated resolution
professional; or
(b) rejecting appointment of the nominated resolution
professional and recommend a new resolution
professional.
(7) On the basis
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
filed against the Resolution
Professional with respect to the Corporate Debtor, Resolution Professional is
clearly debarred from continuing as the Resolution Professional of the
Corporate ... paragraph 48, Learned Judicial Member directed IBBI to replace
the present Resolution Profession by another Resolution Professional to
conduct CIRP process as per the provision
replacement of the existing resolution professional
as Liquidator by another resolution professional. Therefore,
graceful exit of the present resolution professional perhaps will
pave ... Replacement' of present / current `Resolution Professional' as
`Liquidator', by another `Resolution Professional', on `grounds' /
`reasons', other than those specified
dated 16.9.2022 (Impugned Order-II) replacing the
erstwhile Resolution Professional with Mr. Jayant Prakash as
Resolution Professional, who is R-2 in the present appeal ... Learned Counsel for Appellant has also referred to the
Interim Resolution Professionals, Liquidators, Resolution
Professionals and Bankruptcy Trustees (Recommendations)
Guidelines, 2022 ("Guidelines