Approvals by financial creditors required for pre pack initiation, with notices, Form P2-P4 approvals and a minimum proposer threshold. Approvals by financial creditors are required to initiate the pre packaged insolvency resolution process: convene meetings of non related financial creditors with notice at least five days in Form P2, allow creditors meeting a minimum debt threshold to propose insolvency professionals, record appointment terms in Form P3 including fees and expenses for duties, process and management, and give approval for filing in Form P4; where no non related financial creditors exist, convene non related operational creditors and apply these provisions mutatis mutandis.