The board vide its circular dated 03.01.2018 had directed that an insolvency resolution professional shall not outsource any of his duties and responsibilities under the Code. It was the board's observation that a few insolvency professionals are advising the prospective resolution applicants to submit a certificate from another person to the effect that they are eligible to be the resolution applicant. This requirement amounts to outsourcing responsibilities of an insolvency professional to another person.
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