TMI BlogDefinitions.X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 [ (aa) class of creditors means a class with at least ten financial creditors under clause (b) of sub-section (6A) of section 21 and the expression, creditors in a class shall be construed accordingly ] (b) Code means the Insolvency and Bankruptcy Code, 2016; (c) Code of Conduct means the code of conduct for insolvency professionals as set out in the Insolvency and Bankruptcy Boa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and the manner of applying such parameters, as approved by the committee, for consideration of resolution plans for its approval; (hb) 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, after proper marketing and whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egistered as such in accordance with the Companies Act, 2013 (18 of 2013) and rules made thereunder; (n) Schedule means the schedule to these Regulations; (o) section means section of the Code; (p) video conferencing or other audio and visual means means such audio and visual facility which enables the participants in a meeting to communicate concurrently with one another and to par ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ification No. IBBI/2018-19/GN/REG031 dated 03-07-2018 5. Omitted vide Notification No. IBBI/2018-19/GN/REG032 dated 05-10-2018 before it was read as 1 [(f) dissenting financial creditor means a financial creditor who voted against the resolution plan or abstained from voting for the resolution plan, approved by the committee;] - - statute, statutory provisions legislation, la ..... X X X X Extracts X X X X X X X X Extracts X X X X
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