INSOLVENCY PROFESSIONAL(IP) RELATED QUERY

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Is CA Final student eligible for attempting IP examination i.e,Limited Insolvency Examination?

Looking forward to your kind replies.

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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.

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