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Income_Declaration_Scheme_2016

Section / Rule Number Content


54A Corporate debtors eligible for pre-packaged insolvency resolution process
54B Duties of resolution professional before initiation of pre-packaged insolvency resolution process
54C Application to initiate prepackaged insolvency resolution process.
54D Time-limit for completion of pre-packaged insolvency resolution process
54E Declaration of moratorium and public announcement during prepackaged insolvency resolution process
54F Duties and powers of resolution professional during prepackaged insolvency resolution process
54G List of claims and preliminary information memorandum
54H Management of affairs of corporate debtor
54-I Committee of creditors
54J Vesting management of corporate debtor with resolution professional.
54K Consideration and approval of resolution plan
54L Approval of resolution plan
54M Appeal against order under section 54L
54N Termination of pre-packaged insolvency resolution process
54-O Initiation of corporate insolvency resolution process
54P Application of provisions of Chapters II, III, VI, and VII to this Chapter

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