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Chapter III Insolvency Resolution Process

Section 112. Report of meeting of creditors on repayment plan. –

(1) The resolution professional shall prepare a report of the meeting of the creditors on repayment plan.

(2) The report under sub-section (1) shall contain –

  • (a) whether the repayment plan was approved or rejected and if approved, the list the modifications, if any;
  • (b) the resolutions which were proposed at the meeting and the decision on such resolutions;
  • (c) list of the creditors who were present or represented at the meeting, and the voting records of each creditor for all meetings of the creditors; and
  • (d) such other information as the resolution professional thinks appropriate to make known to the Adjudicating Authority.

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