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Regulation 2 - Regulation - PRELIMINARY - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 - Regulation 2 - 2. (1) In these Regulations, unless the context otherwise requires- .....

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rofessionals as set out in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016; (d) "committee" means a committee of creditors established under section 21; 1[(e) dissenting financial creditor means a f .....

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2000); (g) "electronic means" means an authorized and secured computer programme which is capable of producing confirmation of sending communication to the participant entitled to receive such communication at the last electronic mail addr .....

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r its approval; (gb) fair value means the estimated realizable value of the assets of the corporate debtor, if they were to be exchanged on the insolvency commencement date between a willing buyer and a willing seller in an arm s length transaction, .....

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de; (i) "fast track process costs" means the costs in Regulation 30; (j) "fast track process period" means the period of ninety days beginning from the fast track commencement date and ending on the ninetieth day; (k) "identi .....

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nt date" means the date of admission of an application by the Adjudicating Authority for initiating the fast track process under Chapter IV of Part II of the Code; (m) "insolvency professional entity" means an entity recognised as such .....

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insolvency commencement date.] (o) "participant" means a person entitled to attend a meeting of the committee under section 24 or any other person authorised by the committee to attend the meeting; (p) "registered valuer" means a .....

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