Resolution plan requirements specify restructuring, asset transfers or sales and creditor treatment to maximize asset value. Resolution plans must set out measures to maximize the corporate debtor's asset value through transfers or sales of assets, share acquisitions, mergers or demergers, restructuring of business or technology, issuance of securities, and amendment of corporate documents. They also address creditor-focused measures such as satisfaction, modification or curing of security interests and breaches, reduction or rescheduling of creditor claims, and procurement of required governmental and regulatory approvals.
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Provisions expressly mentioned in the judgment/order text.
Resolution plan requirements specify restructuring, asset transfers or sales and creditor treatment to maximize asset value.
Resolution plans must set out measures to maximize the corporate debtor's asset value through transfers or sales of assets, share acquisitions, mergers or demergers, restructuring of business or technology, issuance of securities, and amendment of corporate documents. They also address creditor-focused measures such as satisfaction, modification or curing of security interests and breaches, reduction or rescheduling of creditor claims, and procurement of required governmental and regulatory approvals.
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