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<h1>Duties of resolution professional require preservation of corporate debtor assets and procedural obligations in the insolvency process.</h1> Resolution professionals must preserve and protect the corporate debtor's assets and operations by taking custody of assets and records; representing the debtor in proceedings; raising interim finance with committee approval; appointing required professionals as specified by the Board; maintaining an updated claims list; convening and attending committee of creditors meetings; preparing the information memorandum; inviting committee approved, criteria based resolution applicants under Board conditions; presenting resolution plans to the committee; filing applications to avoid transactions when appropriate; and performing Board specified actions.