IBBI has recommended a panel of Insolvency Professionals for appointment of Insolvency Resolution Professional in compliance with Section 16 (3) (a) of the Code in order to cut delay and the unnecessary time wasted firstly in asking the IBBI to recommend the name and then to appoint such Interim Resolution Professional by the Adjudicating Authority – Innovsource Private Limited  Vs. Getit Grocery Private Ltd. – NCLT Principal Bench

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