Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2025 - IBBI/2025-26/GN/REG125 - Insolvency and Bankruptcy
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Non submission of repayment plan: resolution professional must notify adjudicating authority and seek directions with creditors' approval. Regulation 17B requires that where a debtor fails to prepare a repayment plan under section 105, the resolution professional, with creditors' approval, must file an application before the Adjudicating Authority intimating the non-submission and seek appropriate directions.
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.
Non submission of repayment plan: resolution professional must notify adjudicating authority and seek directions with creditors' approval.
Regulation 17B requires that where a debtor fails to prepare a repayment plan under section 105, the resolution professional, with creditors' approval, must file an application before the Adjudicating Authority intimating the non-submission and seek appropriate directions.
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