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<h1>Resolution plan requirements set creditor payment priorities and committee approval threshold before implementation and submission to authority.</h1> Resolution applicants file plans with an eligibility affidavit; the resolution professional must ensure each plan prioritises insolvency resolution process costs, protects operational creditors by providing at least liquidation or priority based distributions, provides for payment to dissenting financial creditors at not less than liquidation entitlements, and includes post approval management, implementation and supervision mechanisms, while not contravening law. Compliant plans are presented to the committee of creditors for approval by the prescribed voting threshold and, if approved, submitted by the resolution professional to the Adjudicating Authority.