Insolvency Professionals are not public servants under Prevention of Corruption Act: Delhi High Court

The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."
Delhi High Court
Delhi High Court

The Delhi High Court has held that an Insolvency Professional (IP) or Resolution Professional (RP) cannot be held to be a "public servant" under the Prevention of Corruption Act, 1988 (PC Act) [Dr Arun Mohan v. Central Bureau of Investigation]. 

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