Anuradha Vajpayee, practicing Company Secretary, having 12 years of experience, has passed the Limited Insolvency Examination of IBBI on January 18, 2024 and she has also completed her Pre-registration educational course

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2025
Anuradha Vajpayee, practicing Company Secretary, having 12 years of experience, has passed the Limited Insolvency Examination of IBBI on January 18, 2024 and she has also completed her Pre-registration educational course on October 30, 2024. She applied on February 01, 2025 for the enrolment with the Insolvency Professional Agency of IBBI. She was denied the registration by the IPA of IBBI. State the reasons for such denial.

Answer & Explanation:

As per Regulation 5(a) of Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, an individual shall be eligible for registration, if he has passed the Limited Insolvency Examination within twelve months before the date of his application for enrolment with the Insolvency Professional Agency. In this case, Anuradha Vajpayee was required to apply for enrolment before January 18, 2025, but she submitted her application in February 2025. Therefore, her application is subject to denial due to non-compliance with the prescribed timeline for application submission.

Topics: Insolvency and Bankruptcy Code

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