INDIAN ACCOUNTANTS TOLD THEY CAN ACT AS INSOLVENCY PROFESSIONALSJuly 1st, 2016
INDIAN accounting regulator the Institute of Chartered Accountants of India has ruled that full time professional accountants can also act as insolvency professionals under India’s Insolvency and Bankruptcy Code 2016. They can charge fees as a percentage of recovery and assets handled under insolvency proceedings, said the institute. * http://resource.cdn.icai.org/45598clcgc35720.pdf
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