Ghaziabad: Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of Narender Kumar Sharma, insolvency professional (IP) for Indirapuram Habitat Centre Private Limited, for two years, holding that he breached provisions of the Insolvency and Bankruptcy Code, 2016.The board’s investigative agency filed a report highlighting allegations of conflict of interest and non-disclosure of relationship with a prospective resolution applicant (PRA), undertaking actions during the Corporate Insolvency Resolution Process (CIRP) without the approval of the Committee of Creditors (CoC), and inconsistent submissions before the investigative agency and…
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