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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 A. PRE-PACKAGED INSOLVENCY RESOLUTION PROCESS 

54 A. Corporate debtors eligible for pre-packaged insolvency resolution process.

54 B. Duties of resolution professional before initiation of pre-packaged insolvency resolution process.

54 C. Application to initiate prepackaged insolvency resolution process.

54 D. Time-limit for completion of pre-packaged insolvency resolution process.

54 E. Declaration of moratorium and public announcement during prepackaged insolvency resolution process.

54 F. Duties and powers of resolution professional during prepackaged insolvency resolution process.

54 G. List of claims and preliminary information memorandum.

54 H. Management of affairs of corporate debtor.

54 I. Committee of creditors.

54 J. Vesting management of corporate debtor with resolution professional

54 K. Consideration and approval of resolution plan.

54 L. Approval of resolution plan.

54 M. Appeal against order under section 54L.

54 N. Termination of pre-packaged insolvency resolution process.

54 O. Initiation of corporate insolvency resolution process.

54 P. Application of provisions of Chapters II, III, VI, and VII to this Chapter. 

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