TMI BlogRequest for resolution plans.X X X X Extracts X X X X X X X X Extracts X X X X ..... egulation 36A, issue the information memorandum, evaluation matrix and a request for resolution plans to every resolution applicant in the final list: Provided that where such documents are available, the same may also be provided to every prospective resolution applicant in the provisional list. ] (2) The request for resolution plans shall detail each step in the process, and the manner an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to implement or contributes to the failure of implementation of that plan in accordance with the terms of the plan and its implementation 4 [ Schedule-I ] . Explanation I . For the purposes of this sub-regulation, performance security shall mean security of such nature, value, duration and source, as may be specified in the request for resolution plans with the approval of the committee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) If the resolution professional, does not receive a resolution plan in response to the request under this regulation, he may, with the approval of the committee, issue request for resolution plan for sale of one or more of assets of the corporate debtor. ] (7) The resolution professional may, with the approval of the committee, re-issue request for resolution plans, if the resolution plans re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ide Notification No. IBBI/2023-24/GN/REG106 dated 18-09-2023 before it was read as, (1) The resolution professional shall issue the information memorandum, evaluation matrix and a request for resolution plans, within five days of the date of issue of the provisional list under sub-regulation (10) of regulation 36A to - (a) every prospective resolution applicant in the provisional list; an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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