Provision under IBC that disqualifies certain persons from submitting resolution plans, including wilful defaulters, undischarged insolvents, persons convicted of offences punishable with two years or more, and related parties of such persons.
Last updated: 17 May 2026
Provision under IBC that disqualifies certain persons from submitting resolution plans, including wilful defaulters, undischarged insolvents, persons convicted of offences punishable with two years or more, and related parties of such persons.
Section 29A is significant under IBC because it refers to: Provision under IBC that disqualifies certain persons from submitting resolution plans, including wilful defaulters, undischarged insolvents, persons convicted of offences punishable with two years or more, and related parties of such persons.
Section 29A under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: Provision under IBC that disqualifies certain persons from submitting resolution plans, including wilful defaulters, undischarged insolvents, persons ...