Vesting of management: application under pre-pack regulations to transfer corporate debtor control to the resolution professional. Application under the pre-packaged insolvency framework requests vesting of the corporate debtor's management in the resolution professional and must identify the insolvency professional, include particulars of the admitted application and Adjudicating Authority admission details, state the committee of creditors' resolution and reasons to vest management, and attach the committee minutes together with the resolution professional's signature, registration number, registered address and contact information.
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.
Vesting of management: application under pre-pack regulations to transfer corporate debtor control to the resolution professional.
Application under the pre-packaged insolvency framework requests vesting of the corporate debtor's management in the resolution professional and must identify the insolvency professional, include particulars of the admitted application and Adjudicating Authority admission details, state the committee of creditors' resolution and reasons to vest management, and attach the committee minutes together with the resolution professional's signature, registration number, registered address and contact information.
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