Resolution plan: measures to maximise asset value through transfer, sale, restructuring, security modification and necessary approvals.

A resolution plan must provide measures for maximisation of value including transfer or sale of assets, corporate restructuring (merger, amalgamation, demerger), substantial share acquisition, cancellation or delisting, amendment of constitutional documents, issuance of securities, changes in product or technology portfolio, satisfaction or modification of security interests, curing or waiving breaches, reduction or rescheduling of creditor claims, and obtaining necessary regulatory approvals.

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