TMI BlogVesting management of corporate debtor with resolution professional [ Section 54J ]X X X X Extracts X X X X X X X X Extracts X X X X ..... lication [ Section 54J(1) ] * Where the committee of creditors, * at any time during the pre-packaged insolvency resolution process period resolves to vest the management of the corporate debtor with the resolution professional , by a vote of not less than 66% of the voting shares, * the resolution professional shall make an application for this purpose to the Adjudicating Authority, in For ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order under section 54J(2), until the pre-packaged insolvency resolution process period comes to an end. * (a) sub-sections (2) and (2A) of section 14; * (b) section 17; * (c) clauses (e) to (g) of section 18; * (d) sections 19 and 20; * (e) sub-section (1) of section 25; * (f) clauses (a) to (c) and clause (k) of sub-section (2) of section 25; and * (g) section 28, Appointment & F ..... X X X X Extracts X X X X X X X X Extracts X X X X
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