Corporate insolvency timeline: statutory procedural milestones and deadlines govern CIRP stages, submissions and plan approval requirements. Model timeline prescribes sequential procedural milestones and maximum timelines for CIRP: commencement and IRP appointment, public announcement and claims submission, claim verification, constitution and first meeting of the CoC, CoC resolution to appoint RP and RP appointment mechanics, appointment of valuers, preparation and submission of the Information Memorandum, publication of Form G, invitation and processing of Expressions of Interest, provisional and final lists of Resolution Applicants, issuance of RFRP with evaluation matrix, receipt of resolution plans, and RP duties on preferential transactions and filing for relief, with amendments noted to timing norms.
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Provisions expressly mentioned in the judgment/order text.
Corporate insolvency timeline: statutory procedural milestones and deadlines govern CIRP stages, submissions and plan approval requirements.
Model timeline prescribes sequential procedural milestones and maximum timelines for CIRP: commencement and IRP appointment, public announcement and claims submission, claim verification, constitution and first meeting of the CoC, CoC resolution to appoint RP and RP appointment mechanics, appointment of valuers, preparation and submission of the Information Memorandum, publication of Form G, invitation and processing of Expressions of Interest, provisional and final lists of Resolution Applicants, issuance of RFRP with evaluation matrix, receipt of resolution plans, and RP duties on preferential transactions and filing for relief, with amendments noted to timing norms.
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