IBBI Puts Insolvency Professional on Notice, Defers Action [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has disposed of a Show Cause Notice (SCN) issued against Insolvency Professional for an alleged conflict of interest, deferring any final action until the National Company Law Tribunal (NCLT) rules on a related application. The Disciplinary Committee (DC) found that while there was a prima facie case…

