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of <h1>Corporate Insolvency Resolution: Transparent Process for Inviting Qualified Applicants with Clear Eligibility Criteria and Due Diligence</h1> The regulation outlines the process for inviting expression of interest during corporate insolvency resolution. The resolution professional must publish invitation details within sixty days of insolvency commencement, specifying criteria for prospective applicants. The invitation must be published in newspapers, websites, and specify submission requirements. Applicants must provide undertakings about eligibility, compliance, and confidentiality. The resolution professional conducts due diligence and issues a provisional list of eligible applicants, with provisions for objections and a final list.
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