Pre-packaged insolvency resolution process begins on admission of a complete application after prescribed filing and defect cure steps. Where a corporate debtor satisfies section 54A, a corporate applicant may file an application before the Adjudicating Authority to initiate the pre-packaged insolvency resolution process in the prescribed form, manner, and with the prescribed fee and information. The Adjudicating Authority must, within fourteen days, admit a complete application or reject an incomplete one after giving seven days' notice to rectify defects. The pre-packaged insolvency resolution process begins on admission of the application.