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IBBI disposes of SCN issued to registered valuer organization for enrolling ineligible members with a caution

January 20, 2021[2021] 123 54 (IBBI)

COMPANY LAW : Where registered valuer organization due to a bona fide and inadvertent error had allowed ineligible candidates to be enrolled as members of its organization, however, after taking notice of aforesaid irregularities had taken corrective course of action, show cause notice issued to organization was to be disposed of by warning that it should be extremely careful, diligent and take effective steps to improve process of enrolling members

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