IBBI suspends insolvency professional's registration for two years in Supertech case

The Insolvency and Bankruptcy Board of India (IBBI) has suspended insolvency professional Hitesh Goel for two years due to multiple lapses in handling Supertech Ltd and Nobility Estates insolvency proceedings. Goel failed to disclose key details in the Information Memorandum and delayed crucial meetings and filings, impacting thousands of homebuyers.

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