Corporate insolvency resolution timeline sets staged deadlines for claims, creditor meetings, resolution plans, and approval procedures. Model time-line for the corporate insolvency resolution process sets staged deadlines from commencement of the process, assuming appointment of the interim resolution professional on day zero and an overall 180-day period. The timeline covers public announcement, submission and verification of claims, constitution of the committee of creditors, appointment of the resolution professional and valuers, preparation of the information memorandum, invitation of expression of interest, preparation of provisional and final lists of resolution applicants, issue of the request for resolution plan, committee approval, and submission of the approved resolution plan to the adjudicating authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Corporate insolvency resolution timeline sets staged deadlines for claims, creditor meetings, resolution plans, and approval procedures.
Model time-line for the corporate insolvency resolution process sets staged deadlines from commencement of the process, assuming appointment of the interim resolution professional on day zero and an overall 180-day period. The timeline covers public announcement, submission and verification of claims, constitution of the committee of creditors, appointment of the resolution professional and valuers, preparation of the information memorandum, invitation of expression of interest, preparation of provisional and final lists of resolution applicants, issue of the request for resolution plan, committee approval, and submission of the approved resolution plan to the adjudicating authority.
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