Subs. by Act 26 of 2018, s. 12, for "shall not exceed thirty days from date of his appointment " (w.e.f. 6-6-… — THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 18-8-2021

Subs. by Act 26 of 2018, s. 12, for "shall not exceed thirty days from date of his appointment " (w.e.f. 6-6-2018).

3. Subs. by Act 26 of 2018, s. 12, for "shall not exceed thirty days from date of his appointment " (w.e.f. 6-6-2018). (d) the financial institutions maintaining accounts of the corporate debtor shall act on the instructions of the interim resolution professional in relation to such accounts and furnish all information relating to the corporate debtor available with them to the interim resolution professional. (2) The interim resolution professional vested with the management of the corporate debtor shall— (a) act and execute in the name and on behalf of the corporate debtor all deeds, receipts, and other documents, if any; (b) take such actions, in the manner and subject to such restrictions, as may be specified by the Board; (c) have the authority to access the electronic records of corporate debtor from information utility having financial information of the corporate debtor; (d) have the authority to access the books of account, records and other relevant documents of corporate debtor available with government authorities, statutory auditors, accountants and such other persons as 1 [may be specified; and] .

Section 3