Whether the Insolvency Professionals (IP) are Public Servants ? HC Answers the Issue
There are many decisions which deal with insolvency professionals.
In Dr. Arun Mohan v CBI [2023] GCtR 2169 (Delhi), it was held that an Insolvency Professional does not fall within the meaning of “public servant” as ascribed in any of the clauses of sub-section (c ) of section 2 of the Prevention of Corruption Act, 1988.
Complete judgment can be downloaded free of cost from https://delhihighcourt.nic.in/judgment - Date of Judgment is 18 December 2023.
Written by
Vishal
Delhi
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