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Skip to content
  • Home
    • About us
    • Contact Us
    • Help/Usage Tips
  • Companies Act
    • Companies Act, 2013
    • Rules
    • Schedules
  • IB Code
    • Insolvency and Bankruptcy Code, 2016
    • Regulations
    • Rules
  • SEBI
    • Listing Obligation and Disclosure Requirements
    • Additional Circular
      • Circular on fund raising by issuance of Debt Securities by Large Entities
      • Circular for implementation of recommendations of the Committee on Corporate Governance under the Chairmanship of Shri Uday Kotak
    • Prohibition of Insider Trading
    • Takeover Code
  • E-Repository
  • E-Resources
    • Secretarial Standards
    • ADT-1 Form filler and Consent letter generator
    • DIR-2 Consent from the Director and Register of Directors & KMP update
    • CimplyFive’s Text of Model Resolutions under the Companies Act, 2013
    • Fees calculator
  • Privacy Policy

CHAPTER III INSOLVENCY RESOLUTION PROCESS

  1. Application by debtor to initiate insolvency resolution process.
  2. Application by creditor to initiate insolvency resolution process.
  3. Interim-moratorium.
  4. Appointment of resolution professional.
  5. Replacement of resolution professional.
  6. Submission of report by resolution professional.
  7. Admission or rejection of application.
  8. Moratorium.
  9. Public notice and claims from creditors.
  10. Resistering of claims by creditors.
  11. Preparation of list of creditors.
  12. Repayment plan.
  13. Report of resolution professional on repayment plan.
  14. Summoning of meeting of creditors.
  15. Conduct of meeting of creditors.
  16. Voting rights in meeting of creditors.
  17. Rights of secured creditors in relation to repayment plan.
  18. Approval of repayment plan by creditors.
  19. Report of meeting of creditors on repayment plan.
  20. Notice of decisions taken at meeting of creditors.
  21. Order of Adjudicating Authority on repayment plan.
  22. Effect of order of Adjudicating Authority on repayment plan.
  23. Implementation and supervision of repayment plan.
  24. Completion of repayment plan.
  25. Repayment plan coming to end prematurely.
  26. Discharge order.
  27. Standard of conduct.

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