Pre-packaged insolvency commencement requires public announcement specifying debtor identity, resolution professional details and claims availability. A public announcement under the pre-pack framework must notify creditors of commencement of the pre-packaged insolvency resolution process and provide the corporate debtor's identity and office addresses, the pre-pack commencement date, and the resolution professional's name, registration number, registered address and e-mail plus the correspondence address and date from which the list of claims is available.
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.
Pre-packaged insolvency commencement requires public announcement specifying debtor identity, resolution professional details and claims availability.
A public announcement under the pre-pack framework must notify creditors of commencement of the pre-packaged insolvency resolution process and provide the corporate debtor's identity and office addresses, the pre-pack commencement date, and the resolution professional's name, registration number, registered address and e-mail plus the correspondence address and date from which the list of claims is available.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.