CONDUCT OF CORPORATE INSOLVENCY RESOLUTION PROCESSInsolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016
CONDUCT OF CORPORATE INSOLVENCY RESOLUTION PROCESSInsolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016
Marketing strategy for corporate assets: resolution professional prepares plan; committee approval required for implementation and costs. Regulation 36C mandates that the resolution professional prepare a marketing strategy for the corporate debtor's assets in consultation with the committee ... Summary
Marketing strategy for corporate assets: resolution professional prepares plan; committee approval required for implementation and costs.
Regulation 36C mandates that the resolution professional prepare a marketing strategy for the corporate debtor's assets in consultation with the committee when assets exceed the prescribed threshold, while allowing preparation in other cases; implementation and related costs require committee approval, and committee members may also undertake asset marketing measures.
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