Resolution Professional definition

Resolution Professional means an insolvency professional appointed under this part as a resolution professional for conducting the fresh start process or insolvency resolution process;

Resolution Professional means the resolution professional of the Corporate Debtor appointed in accordance with Section 22 of the IBC.

Resolution Professional. / “RP” shall mean Amit Gupta, Registration Number (IBBI/IPA- 001/IP-P00016 /2016-17/10040), who has been appointed as resolution professional by the Committee of Creditors (CoC) for conducting the CIRP of the Company.

Examples of Resolution Professional in a sentence

• Pursuant to the Liquidation Order, the Resolution Professional was appointed as the Liquidator to perform its duties as per the provisions of the IBC and Liquidation Process Regulations.

• Provided that the Resolution Professional may extend the Last Date, with approval of the COC (at its sole discretion).

• The IRP carried out his duties from May 30, 2017 till Mahender Khandelwal was appointed as Resolution Professional (“RP”) vide the order of NCLT dated September 12, 2017 and took over the management of the affairs of the Company.

• The statement showing details of the loan and security documents have been mentioned which includes guarantee agreements given by the aforesaid Corporate Debtors.As the project will be developed on the land of five Corporate Debtors, as referred to above as per the township plan, they have rightly taken plea that simultaneous CIRP should continue against them under the guidance of same Resolution Professional.

• Piramal Enterprises Ltd.) can claim same amount of Rs. 40,28,76,461/- from the Resolution Professional appointed pursuant to the CIRP against the Corporate Guarantor No.1 (‘Sunrise Naturopathy and Resorts Pvt.

More Definitions of Resolution Professional

Resolution Professional means an insolvency professional appointed as a Resolution Professional in accordance with section 16 or Section 23 of the IBC;

Resolution Professional or “RP” shall mean Mr. Mahender Kumar Khandelwal, who has been appointed as resolution professional by the CoC for conducting the CIRP of the Company.

Resolution Professional. / “RP” shall mean Mamta Binani, who has been appointed as resolution professional by the Adjudicating Authority for conducting the CIRP of the Company.

Resolution Professional means an Insolvency Professional appointed as a Resolution Professional in accordance with section 22 of the IBC;

Resolution Professional. / “RP” shall mean Hiten Mukundbhai Parikh, Registration Number (IBBI/IPA-002/IP- N00309/2017-18/10898), who has been appointed as resolution professional by the Committee of Creditors (CoC) for conducting the CIRP of the Company as per the instructions of the CoC.

Resolution Professional means an insolvency professional appointed under

Resolution Professional or “RP” shall mean an insolvency professional appointed as a Resolution Professional of the Company in accordance with section 22 of the IBC;