Compliance certificate for pre pack resolution plans confirms statutory conformity and committee approval under PPIRP regulations. The compliance certificate documents the resolution professional's certification that an approved pre pack resolution plan complies with the Code and PPIRP Regulations, confirms the resolution applicant's eligibility by affidavit, records committee approval (including voting support and voting mode), sets out admitted and provided amounts for stakeholder classes and any changes to shareholder interests, lists deviations or contingencies, discloses avoidance actions, and requires the RP's declaration and registration details for filing with the adjudicating authority.
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.
Compliance certificate for pre pack resolution plans confirms statutory conformity and committee approval under PPIRP regulations.
The compliance certificate documents the resolution professional's certification that an approved pre pack resolution plan complies with the Code and PPIRP Regulations, confirms the resolution applicant's eligibility by affidavit, records committee approval (including voting support and voting mode), sets out admitted and provided amounts for stakeholder classes and any changes to shareholder interests, lists deviations or contingencies, discloses avoidance actions, and requires the RP's declaration and registration details for filing with the adjudicating authority.
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