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Information memorandum

Regulation 35 - Regulation - RESOLUTION PLAN - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 - Regulation 35 - 35. 2[(1) Subject to sub-regulation (4), the resolution profe .....

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lause (h) of sub-section (2) of section 25 of the Code.] (2) The shall contain the following details of the corporate debtor- 3[(a) assets and liabilities with such description, as on the insolvency commencement date, as are generally necessary for a .....

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annual financial statements; (c) audited financial statements of the corporate debtor for the last two financial years and provisional financial statements for the current financial year made up to a date not earlier than fourteen days from the date .....

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corporate debtor with respect to related parties; (f) details of guarantees that have been given in relation to the debts of the corporate debtor by other persons, specifying which of the guarantors is a related party; (g) the names and addresses of .....

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) the number of workers and employees and liabilities of the corporate debtor towards them; 1[***] 1[***] (l) other information, which the resolution professional deems relevant to the committee. (3) A member of the committee may request the resoluti .....

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e resolution professional shall share the after receiving an undertaking from a member of the committee or a prospective resolution applicant to the effect that such member or resolution applicant shall maintain confidentiality of the information and .....

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G23 Dated 31-12-2017, before it was read as, "(j) the liquidation value; (k) the liquidation value due to operational creditors; and" 2. Substituted vide Notification No. IBBI/2017-18/GN/REG/025 - Dated 07-02-2018, before it was read as,&qu .....

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least the matters listed in paragraphs (a) to (i) of sub-regulation (2), before its first meeting; and (b) matters listed in paragraphs (j) to (l) of sub-regulation (2), within fourteen days of the first meeting." 3. Substituted vide Notificati .....

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