NCLAT Finds IBBI’s Cancellation of Insolvency Professional’s Registration Disproportionate
The NCLAT has directed IBBI to reconsider the cancellation of insolvency professional Deepak Kumar Goyal’s registration. The National Company Law Appellate Tribunal (NCLAT) upheld two regulatory violations against Goyal but ruled that cancellation of his registration was disproportionate. The tribunal directed the Insolvency and Bankruptcy Board of India (IBBI) to reconsider the penalty within 30…

