The Insolvency and Bankruptcy Board of India has now allowed an Insolvency Professional Entity (IPE) to be registered as an Insolvency Professional (IP) and carry on the activity of such professionals under the insolvency and bankruptcy code (IBC). The move is intended to establish a better framework of governance and institutionalize the profession of insolvency professionals.
Economic Laws Practice (ELP) ’s senior counsel Mukesh Chand has been quoted in an article on this issue by The Hindu Business line.
