Insolvency resolution procedure amended for missed repayment plans and creditor meetings involving personal guarantors. Amends section 106 of the Insolvency and Bankruptcy Code to require the resolution professional to report non-submission of a repayment plan, after which the Adjudicating Authority terminates the insolvency resolution process and bankruptcy may be applied for under Chapter IV. It also requires a written notice convening the creditors' meeting where the repayment plan concerns a personal guarantor to a corporate debtor, and extends the interpretive reference in sub-section (4) to that new procedure.