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SCN disposed of when disciplinary action was taken against IP for undertaking assignment without authorization: IBBI

January 20, 2021[2021] 123 60 (IBBI)

IBC : Where disciplinary action had been taken against IP by his IPA for undertaking assignment without a valid Authorisation for Assignment (AFA) and fact that IP was more than 70 years of age and thus ineligible to apply for AFA, show cause notice issued against him was to be disposed of without any direction against him

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