Rule 8. Confirmation or nomination of insolvency professional. —

(1) For the purposes of sub-section (2) of section 97 and sub-section (5) of section 98 , the Board may share the database of the insolvency professionals, including information about disciplinary proceedings against them, with the Adjudicating Authority from time to time.

(2) For the purposes of sub-section (4) of section 97 and sub-section (3) of section 98 , the Board may share a panel of insolvency professionals, who may be appointed as resolution professionals, with the Adjudicating Authority.