Timeliness

  • The Directors / Partners / Insolvency Professionals / Empanelled Professionals, will adhere to the time limits prescribed in the Insolvency and Bankruptcy Code, 2016 and the rules, regulations and guidelines thereunder for insolvency resolution, liquidation or bankruptcy process, as the case may be, and may carefully plan their actions, and promptly communicate with all stakeholders involved for the timely discharge of their duties.
  • The Directors / Partners / Insolvency Professionals / Empanelled Professionals, will not act with mala fide or be negligent while performing their functions and duties under the Insolvency and Bankruptcy Code, 2016.
 
     
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