Friday, April 28, 2023

IBC, 2016 : Replacement of Resolution Professional Is Permissible

 IBC, 2016 : Replacement of Resolution Professional Is Permissible 


An important Decision was given by Chennai Bench of NCLAT on 15 December 2022 in Company Appeal (AT) (CH) (INS.) No. 319 / 2022. [Available free of cost at https://nclat.nic.in/display-board/judge] 


One can gather from Dr. K.V. Srinivas [2022] GCtR 1802 (NCLAT, Chennai) that replacement of Resolution Professional under IBC, 2016 is permissible. 


Written by 

Vishal

Delhi

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