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TMI BlogRequest for resolution plans.X X X X Extracts X X X X X X X X Extracts X X X X ..... randum, 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 and purposes of interaction between the resolutio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of that plan in accordance with the terms of the plan and its implementation 4[Schedule-I] 7[:] 8[Provided that where the corporate debtor has any real estate project, the committee may relax the requirement to provide for performance security for an association or group of allottees in such real estate project, representing not less than ten per cent. or one hundred creditors out of the tot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e and shall be subject to timeline under sub-regulation (3). 3[Provided that such modifications shall not be made more than once.] (6) The resolution professional may, with the approval of the committee, extend the timeline for submission of resolution plans. 5[(6A) If the resolution professional, does not receive a resolution plan in response to the request under this regulation, he may, with ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /REG078 dated 30-09-2021 4. Substituted vide Notification No. IBBI/2022-23/GN/REG091 dated 13-09-2022 before it was read as, "Schedule" 5. Inserted vide Notification No. IBBI/2022-23/GN/REG093 dated 16-09-2022 6. Substituted vide Notification No. IBBI/2023-24/GN/REG106 dated 18-09-2023 before it was read as, "(1) The resolution professional shall issue the information m ..... X X X X Extracts X X X X X X X X Extracts X X X X
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