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          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.

          <h1>Pre-packaged insolvency definitions clarify fair value and liquidation value, and scope of applicant, committee, and creditor classes.</h1> Definitions for the pre-packaged insolvency resolution process govern initiation, participation, valuation and procedural communications: 'applicant', 'committee', and 'class of creditors' are specified; digital communication and meeting mechanisms are defined; institutional actors such as 'insolvency professional entity' and 'registered valuer' are identified; and valuation terms designate fair value as the estimated realizable value on the insolvency commencement date including tangible and intangible assets and synergies, while liquidation value is the estimated realizable value on liquidation at that date.

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