Resolution applicant definition clarified under insolvency law, with consistent terminology for submitting resolution plans. The Insolvency and Bankruptcy Code (Amendment) Act, 2018 revises the definition of resolution applicant in section 5 of the principal Act. The substituted definition states that a resolution applicant is a person, acting individually or jointly with others, who submits a resolution plan to the resolution professional pursuant to an invitation issued under section 25(2)(h). The amendment also makes a consequential textual change by replacing the words 'any person' with 'resolution applicant' in clause (26).