Mandatory contents of resolution plan require eligibility affidavit, feasibility demonstration, stakeholder treatment, implementation schedule and priority payments.

The regulation requires a resolution plan to include an eligibility affidavit, disclosure of past implementation failures, and a truthful information undertaking; to specify the plan term, implementation schedule, management and control arrangements, and supervisory means; to show it addresses the cause of default, is feasible and viable, includes approval timelines and implementation capability; to state how stakeholder interests are treated; and to follow payment priority rules favouring operational creditors and certain dissenting financial creditors.

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