INSOLVENCY PROFESSIONAL(IP) RELATED QUERY

No, A eligible person can become an Insolvency Professional by passing the Limited Insolvency Examination having 10 years experience as:

• A Chartered Accountant enrolled as a member of the Institute of Chartered Accountants of India.
• A Company Secretary enrolled as a member of the Institute of Company Secretaries of India.
• Cost Accountant enrolled as a member of the Institute of Cost Accountants of India, or
• An advocate enrolled with a Bar Council.