TMI BlogApproval of resolution plan.X X X X Extracts X X X X X X X X Extracts X X X X ..... e resolution professional within the time given in the invitation made under clause (h) of sub-section (2) of section 25.] 2 [(2) The resolution professional shall submit to the committee all resolution plans which comply with the requirements of the Code and regulations made thereunder along with the details of following transactions, if any, observed, found or determined by him:- (a) pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the maximum period permitted under section 56 for the completion of the fast track corporate insolvency resolution process, with the certification that- (a) the contents of the resolution plan meet all the requirements of the Code and the Regulations; and (b) the resolution plan has been approved by the committee: Provided that the timeline specified in this sub-regulation shall not apply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he resolution professional, as the case may be, for any actions of the corporate debtor, prior to the fast track commencement date. (8) A person in charge of the management or control of the business and operations of the corporate debtor after a resolution plan is approved by the Adjudicating Authority, may make an application to the Adjudicating Authority for an order seeking the assistance o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on. 3. Inserted vide Notification No. IBBI/2017-18/GN/REG/025 - Dated 07-02-2018 4. Substituted vide Notification No. IBBI/2017-18/GN/REG/025 - Dated 07-02-2018 , before it was read as, (4) The resolution professional shall submit the resolution plan approved by the committee to the Adjudicating Authority with the certification that (a) the contents of the resolution plan meet ..... X X X X Extracts X X X X X X X X Extracts X X X X
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