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i am Kashif   08 May 2021

Insolvency bankruptcy board of india

ABC Ltd., has initiated insolvency proceedings against RS Ltd., for recovery of debt
of ` 2.86 crore. ABC Ltd. intends to appoint Rahul, one of the employees of its
statutory auditors, M/s ASA & Associates, Chartered Accountants, as its resolution
professional. In the light of the statutory provisions, examine whether Rahul can be
appointed as a resolution professional.


 3 Replies

Sourav

Sourav (Student)     08 May 2021

No, Rahul cannot be appointed as he has network with the company as employee
i am Kashif

i am Kashif   08 May 2021

Thanks bro
Sourav

Sourav (Student)     08 May 2021

Your welcome

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