FORM 2

(See sub-rule (1) of rule 9)

(Under rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016)

WRITTEN COMMUNICATION BY PROPOSED INTERIM RESOLUTION
PROFESSIONAL

To,

The National Company Law Tribunal

From,

In the matter of

Subject: Written communication in connection with an application to initiate corporate insolvency resolution process in respect of [ name of the corporate debtor ]

Madam/Sir,

I, [ name of proposed interim resolution professional ], an insolvency professional registered with having registration number have been proposed as the interim resolution professional by in connection with the proposed corporate insolvency resolution process of [ name of the corporate debtor ].

In accordance with rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, I hereby:

1. Agree to accept appointment as the interim resolution professional if an order admitting the present application is passed;

2. State that the registration number allotted to me by the Board is [ registration number ] and that I am currently qualified to practice as an insolvency professional;

3. Disclose that I am currently serving as an interim resolution professional/resolution professional/liquidator in [insert number of proceedings] proceedings;

4. Certify that there are no disciplinary proceedings pending against me with the Board or [ name of the insolvency professional agency he is a member of ];

5. Affirm that I am eligible to be appointed as a resolution professional in respect of the corporate debtor in accordance with the provisions of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016;

6. Make the following disclosures in accordance with the code of conduct for insolvency professionals as set out in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016;

(Signature of the insolvency professional)

(Name in block letters)

(Name of insolvency professional entity, if applicable)

[Optional certification, if required by the applicant making an application under these Rules]

I, hereby, certify that the facts averred by the applicant in the present application are true, accurate and complete and a default has occurred in respect of the relevant corporate debtor. I have reached this conclusion based on the following facts and/or opinion:—

[Please give details].

(Signature of the insolvency professional)

(Name in block letters)

(Name of insolvency professional entity, if applicable)