Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter V REPAYMENT PLAN
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Discharge order: resolution professional must file notice and report for adjudicating authority consideration leading to possible discharge. Regulation 21 requires the resolution professional to file an application with copies of the notice and report under the insolvency framework to the ... Summary
Discharge order: resolution professional must file notice and report for adjudicating authority consideration leading to possible discharge.
Regulation 21 requires the resolution professional to file an application with copies of the notice and report under the insolvency framework to the adjudicating authority for a discharge order; the adjudicating authority may, on consideration of those materials, pass the discharge order.
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