Question
Where the committee of creditors resolves to replace the
interim resolution professional, it shall ________________________Solution
Section 22-Appointment of resolution professional: (3) Where the committee of creditors resolves under sub-section (2)— (a) to continue the interim resolution professional as resolution professional subject to a written consent from the interim resolution professional in the specified form , it shall communicate its decision to the interim resolution professional, the corporate debtor and the Adjudicating Authority; or (b) to replace the interim resolution professional, it shall file an application before the Adjudicating Authority for the appointment of the proposed resolution professional along with a written consent from the proposed resolution professional in the specified form.
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Where there is no express provision in Contract Act, the following prevails and applied for deciding the cases
As per Section 7 verbatim, the Central Government may, in consultation with the Commission, make rules with respect to:
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Who is the Chairman of the State Legal Services Authority?Â
Ut Res Magis Valeat Quam Pereat is also known as