https://www.taxtmi.com/acts?id=31035 Section 57, formerly dealing with the manner of initiating the fast track corporate insolvency resolution process, has been omitted with effect from 26-05-2026. Earlier, it permitted an application by a creditor or the corporate debtor, supported by proof of default from an information utility or other specified means, and by other information specified by the Board to show eligibility for the fast track process. en-us Tue, 02 Jan 2018 14:44:05 +0530 Tue, 26 May 2026 12:02:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31035 Section 57, formerly dealing with the manner of initiating the fast track corporate insolvency resolution process, has been omitted with effect from 26-05-2026. Earlier, it permitted an application by a creditor or the corporate debtor, supported by proof of default from an information utility or other specified means, and by other information specified by the Board to show eligibility for the fast track process. Act-Rules IBC Tue, 02 Jan 2018 14:44:05 +0530 https://www.taxtmi.com/acts?id=31035