Integrity and objectivity

  • The directors / partners / Insolvency Professionals / Empanelled Professionals, will maintain integrity by being honest, straightforward, and forthright in all professional relationships.
  • The directors / partners / Insolvency Professionals / Empanelled Professionals, will not misrepresent any facts or situations and will refrain from being involved in any action that would bring disrepute to the profession.
  • The directors / partners / Insolvency Professionals / Empanelled Professionals, will act with objectivity in his professional dealings by ensuring that his decisions are made without the presence of any bias, conflict of interest, coercion, or undue influence of any party, whether directly connected to the insolvency proceedings or not.
  • The directors / partners / Insolvency Professionals / Empanelled Professionals, being appointed as an interim resolution professional, resolution professional, liquidator, or bankruptcy trustee will not himself acquire, directly or indirectly, any of the assets of the debtor, nor knowingly permit any relative to do so.
 
     
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