Fast track insolvency conversion: IRP must apply for conversion if process is inapplicable, leading to CIRP continuation. The interim resolution professional must file a report certifying constitution of the committee of creditors with the Adjudicating Authority within twenty-one days; if he considers the fast track process inapplicable under notifications to section 55(2), he must apply with that report to convert the fast track process into a corporate insolvency resolution process, whereupon, if ordered, the proceedings continue under the Insolvency Resolution Process Regulations, 2016, and he must convene the committee's first meeting within seven days of filing the report(s).