IBBI Order (DC) Dated 25/04/2025

IBBI suspends Mr Vikas Prakash Gupta IP for fee violations: It was found that while the Committee of Creditors (CoC) had specifically approved separate monthly fees for Mr. Gupta as the Resolution Professional and for a distinct support service agency, Quantum Resolution Professional Private Limited, he instead drew the fees allocated to Quantum himself. Thus he violated principles of transparency and provisions of IBC. The Disciplinary Committee suspended the registration of Mr Vikas Prakash Gupta for one years. (IBBI Order Dated 25/04/2025)

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