Board-notified declaration formats govern pre-packaged insolvency initiation requirements and standardise statutory declarations under the framework. Declarations under the pre-packaged insolvency resolution framework must be made in the format notified by the Board. The declaration under clause (f) of sub-section (2) of section 54A and the declaration under clause (c) of sub-section (3) of section 54C are each required to follow the Board-prescribed form, centralising the declaration format within the regulatory authority's notified templates.
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Provisions expressly mentioned in the judgment/order text.
Board-notified declaration formats govern pre-packaged insolvency initiation requirements and standardise statutory declarations under the framework.
Declarations under the pre-packaged insolvency resolution framework must be made in the format notified by the Board. The declaration under clause (f) of sub-section (2) of section 54A and the declaration under clause (c) of sub-section (3) of section 54C are each required to follow the Board-prescribed form, centralising the declaration format within the regulatory authority's notified templates.
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