Regulations 97[40C. Special provision relating to time-line. Notwithstanding the time-lines contained in these regulations, but subject to the provisions in the Code, the period of lockdown imposed by the Central…
Regulations 93[40B. Filing of Forms— (1)The insolvency professional, interim resolution professional or resolution professional, as the case may be, shall file the Forms, along with the enclosures thereto, on an…
Regulations 89[40A. Model time-line for corporate insolvency resolution process.— The following Table presents a model timeline of corporate insolvency resolution process on the assumption that the interim resolution professional is…
Regulations 40. Extension of the corporate insolvency resolution process period.— (1) The committee may instruct the resolution professional to make an application to the Adjudicating Authority under section 12 to…
Regulations 39D. Fee of the liquidator— While approving a resolution plan under section 30 or deciding to liquidate the corporate debtor under section 33 , the committee may, in consultation…
Regulations 39C. Assessment of sale as a going concern.— (1) While approving a resolution plan under section 30 or deciding to liquidate the corporate debtor under section 33 , the…
Regulations 88[39B. Meeting liquidation cost.— (1) While approving a resolution plan under sub-section (4) of section 30 or deciding to liquidate the corporate debtor under sub-section (2) of section 33…
Regulations 87[39A. Preservation of records.— The interim resolution professional or the resolution professional, as the case may be, shall preserve a physical as well as an electronic copy of the…
Regulations 39. Approval of resolution plan.— 77[(1) A prospective resolution applicant in the final list may submit resolution plan or plans prepared in accordance with the Code and these regulations…
Regulations 38. Mandatory contents of the resolution plan.— 73[(1) The amount payable under a resolution plan - (a) to the operational creditors shall be paid in priority over financial creditors;…