IBBI Order Dated 24/02/2026 – IP Pankaj Srivastava, suspended for three years due to unauthorized CoC Reconstitution

 The disciplinary committee (DC) held that the IP acted beyond authority by unilaterally reconstituting the Committee of Creditors (CoC), filing contradictory interlocutory applications with differing CoC compositions for the same date, and failing to disclose the earlier filing, thereby misleading the Adjudicating Authority. The DC suspended the registration of IP for three years. 

(Link: IBBI Order Dated 24/02/2026)

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