https://www.taxtmi.com/acts?id=31622 Resolution plans must specify payment priority and schedule, giving operational creditors priority and dissenting financial creditors priority over consenting financial creditors, and provide sources and implementation timelines. Plans must state how stakeholder interests are addressed, disclose prior failures by applicants to implement approved plans, set out term, management and control, demonstrate feasibility, and include provisions for supervising implementation. Plans must address avoidance transactions and fraudulent or wrongful trading, restrict assignment of undisclosed avoidance claims, include beneficial ownership statements and an affidavit on eligibility, and enable a monitoring committee with quarterly reporting. en-us Thu, 04 Jan 2018 13:19:31 +0530 Wed, 24 Dec 2025 11:16:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31622 Resolution plans must specify payment priority and schedule, giving operational creditors priority and dissenting financial creditors priority over consenting financial creditors, and provide sources and implementation timelines. Plans must state how stakeholder interests are addressed, disclose prior failures by applicants to implement approved plans, set out term, management and control, demonstrate feasibility, and include provisions for supervising implementation. Plans must address avoidance transactions and fraudulent or wrongful trading, restrict assignment of undisclosed avoidance claims, include beneficial ownership statements and an affidavit on eligibility, and enable a monitoring committee with quarterly reporting. Act-Rules IBC Thu, 04 Jan 2018 13:19:31 +0530 https://www.taxtmi.com/acts?id=31622