Disciplinary Committee of Insolvency and Bankruptcy Board of India (“IBBI”) has issued an ex-parte interim order against an Insolvency Professional named as Mr. Mukesh Mohan
Ex-Parte Interim Order inter-alia provides as under :
Mr. Mohan has inserted the requirement of the certificate of CA in the Expression of Interest (EoI) without the approval of CoC in the matter of Carnation Auto India Private Limited.
Mr. Mohan has sought approval of the EoI only from one of the creditors.
IBBI Disciplinary Committee issued following directions:-
(a) Mr. Mukesh Mohan, Insolvency Professional, is hereby debarred from undertaking any new assignment, either as an Interim Resolution Professional, Resolution Professional, Liquidator or otherwise, under the Code;
(b) The direction as at (a) above shall come into force with immediate effect and shall cease to have effect on expiry of 90 days from the date of the order; and
(c) The Inspecting Authority shall complete the inspection and submit inspection report by 15th April, 2018, as specified in the order dated 04.01.2018 of the Board.
The complete order in this respect can be accessed at: