Fresh start admission requires a decision within fourteen days, specifying qualifying debts and notifying named creditors promptly. The Adjudicating Authority must, within fourteen days from the resolution professional's report, admit or reject the fresh start application; if admitted, the order must state amounts accepted as qualifying debts and other amounts eligible for discharge under section 92, and a copy of the order with the application must be provided to the creditors named in the application within seven days.
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.
Fresh start admission requires a decision within fourteen days, specifying qualifying debts and notifying named creditors promptly.
The Adjudicating Authority must, within fourteen days from the resolution professional's report, admit or reject the fresh start application; if admitted, the order must state amounts accepted as qualifying debts and other amounts eligible for discharge under section 92, and a copy of the order with the application must be provided to the creditors named in the application within seven days.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
