Pre-packaged insolvency resolution process formats shift to Board-notified templates, with updated application documents and disclosure requirements. The regulations amend the pre-packaged insolvency resolution process framework by replacing numerous specified forms with formats notified by the Board, omitting one definition clause, and removing the Schedule. The revised information-and-documents provision requires the corporate applicant to furnish declarations or resolutions for initiation, approval from eligible financial creditors holding not less than fifty-one per cent in value of financial debt, details and consent of the proposed resolution professional, the resolution professional's report, audited financial statements, provisional financial statements, and the prescribed format from authorised representatives where applicable.