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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Corporate insolvency initiation: corporate applicant must meet prescribed filing and documentation requirements before CIRP commencement upon admission.</h1> A corporate applicant may file for initiation of the corporate insolvency resolution process when the corporate debtor has defaulted; the application must be in prescribed form with prescribed particulars and fee and must include books of account and other documents, information about the proposed resolution professional, and a shareholder or partners' resolution approving the filing. The Adjudicating Authority shall, within fourteen days, admit if complete and no disciplinary proceeding is pending against the proposed resolution professional, or reject if incomplete or a disciplinary proceeding is pending, after giving seven days' notice to rectify defects. CIRP commences on admission.

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