Invitation of Resolution Plans: prescribed Form G standardises how resolution professionals solicit and receive plans under fast-track rules. Form G prescribes the Invitation of Resolution Plans under the Fast Track Insolvency Resolution Process Regulations, 2017, specifying the format the resolution professional must use to announce the invitation, the information to be provided to prospective applicants, and the manner in which resolution plans are to be submitted and received, thereby standardising dissemination and collection of proposals under the schedules to the Regulations.
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Provisions expressly mentioned in the judgment/order text.
Invitation of Resolution Plans: prescribed Form G standardises how resolution professionals solicit and receive plans under fast-track rules.
Form G prescribes the Invitation of Resolution Plans under the Fast Track Insolvency Resolution Process Regulations, 2017, specifying the format the resolution professional must use to announce the invitation, the information to be provided to prospective applicants, and the manner in which resolution plans are to be submitted and received, thereby standardising dissemination and collection of proposals under the schedules to the Regulations.
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