IBBI Issues Guidelines Detailing the Procedure to Prepare a Panel of IPs for Roles as IRPs, Liquidators, & RPs
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- By Chetan Kulasri
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- Last Updated on 4 December, 2024
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Guidelines Dated: 02.12.2024
To address administrative delays in appointing Insolvency Professionals (IPs), IBBI has introduced new guidelines providing the procedure for preparing a panel of IPs to act as Interim Resolution Professionals (IRPs), Liquidators, Resolution Professionals (RPs) and Bankruptcy Trustees. The IP panel will be effective from 01.01.2025 to 30.06.2025. Further, the Board will prepare a common Panel of IPs for appointment as IRP, Liquidator, RP and BT and share the same with the Adjudicating Authority.
Click Here To Read The Full Guidelines
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