Resolution plan compliance certification confirms plan meets insolvency code requirements and details implementation, stakeholders, and securities. Form H is the RP's compliance certificate under Regulation 39(4) requiring the RP to examine and certify that the CoC approved resolution plan complies ... Summary
Resolution plan compliance certification confirms plan meets insolvency code requirements and details implementation, stakeholders, and securities.
Form H is the RP's compliance certificate under Regulation 39(4) requiring the RP to examine and certify that the CoC approved resolution plan complies with the Insolvency and Bankruptcy Code and CIRP Regulations, that the resolution applicant has submitted the section 30(1) affidavit confirming section 29A eligibility, and to record CoC voting particulars, timelines, stakeholder payments, performance security, implementation arrangements, status of avoidance transaction applications and any deviations from statutory/regulatory requirements.
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