Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Resolution Professional Confirms Debtor Compliance with Insolvency Code; No Prior Insolvency in 3 Years, Legal Limits Met.</h1> The report by an insolvency professional, proposed as the resolution professional for a corporate debtor, confirms compliance with the Insolvency and Bankruptcy Code, 2016, and related regulations. The professional confirms obtaining necessary information and examining documents to verify the debtor's status as a micro, small, or medium enterprise. The report affirms that the debtor has not undergone insolvency processes within the last three years, is not currently in such a process, and no liquidation order exists. It confirms required approvals from directors, partners, and creditors for initiating the pre-packaged insolvency resolution process and the appointment of the resolution professional. The default amount is within legal limits, and the base resolution plan complies with applicable legal provisions.
TaxTMI 
TaxTMI 
