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Aadhar Authentication under the Goods and Services Act, 2016 for an Insolvency Professional

As per the Notification No. 11/2020- Central Tax issued by the Ministry of Finance dated 21st March, 2020, it has been made mandatory for individuals to get themselves registered for done aadhar authentication/ verification from the website of the UIDAI of the Central Government of India. They shall follow the procedure of getting themselves registered for availing special benefits for obtaining the aadhar authentication. They shall be treated as a  distinct/ separate person of the corporate debtor/ company undergoing the process of Corporate Insolvency Resolution (CIRP), and shall therefore, be liable to obtain a new registration in each of the States or Union Territories where the corporate debtor was earlier registered, within thirty days of the appointment of the IRP/RP. Note: The Insolvency Professionals  (IPs) are individuals as per the law, so it applies also applies on them to get themselves registered for aadhar verification.


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