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    <title>Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017</title>
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    <description>Defines dissenting financial creditor as a financial creditor who voted against or abstained from voting on an approved resolution plan. After receipt of resolution plans, the resolution professional must provide liquidation value electronically to each committee member only upon an undertaking to maintain confidentiality and not to use the value to cause undue gain or loss, and must otherwise maintain confidentiality. The amendment omits two specified duty clauses and requires resolution applicants to submit plans within the time specified in the invitation.</description>
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      <description>Defines dissenting financial creditor as a financial creditor who voted against or abstained from voting on an approved resolution plan. After receipt of resolution plans, the resolution professional must provide liquidation value electronically to each committee member only upon an undertaking to maintain confidentiality and not to use the value to cause undue gain or loss, and must otherwise maintain confidentiality. The amendment omits two specified duty clauses and requires resolution applicants to submit plans within the time specified in the invitation.</description>
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      <pubDate>Sun, 31 Dec 2017 00:00:00 +0530</pubDate>
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