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of <h1>Regulation 37: Key Components for Corporate Debtor Resolution Plans, Including Asset Sales, Restructuring, and Share Delisting</h1> Regulation 37 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 outlines the components of a resolution plan for corporate debtors. It mandates measures for asset value maximization, including asset transfer or sale, restructuring through mergers or demergers, share acquisition or delisting, modification of security interests, debt restructuring, and changes in corporate documents. The plan may also involve issuing securities, altering product portfolios or technology, and obtaining necessary governmental approvals. Recent amendments allow asset sales to successful resolution applicants and address remaining assets.
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