<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Approval of resolution plan.</title>
    <link>https://www.taxtmi.com/acts?id=31623</link>
    <description>Prospective resolution applicants in the final list may submit resolution plans electronically within the specified time, with an affidavit of eligibility under section 29A and an undertaking that the information and records furnished are true and correct. The committee shall not consider late or non-compliant plans, and the resolution professional must place all plans before the committee together with details of non-compliant plans and any preferential, undervalued, extortionate, or fraudulent transactions noticed, found, or determined. The committee evaluates compliant plans by the evaluation matrix, records its deliberations on feasibility, viability, value realisation, and market discovery, and votes on the plans simultaneously, with special rules for one plan, multiple plans, tie-breakers, and going-concern treatment.</description>
    <language>en-us</language>
    <pubDate>Thu, 04 Jan 2018 13:21:00 +0530</pubDate>
    <lastBuildDate>Thu, 11 Jun 2026 12:46:24 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=503004" rel="self" type="application/rss+xml"/>
    <item>
      <title>Approval of resolution plan.</title>
      <link>https://www.taxtmi.com/acts?id=31623</link>
      <description>Prospective resolution applicants in the final list may submit resolution plans electronically within the specified time, with an affidavit of eligibility under section 29A and an undertaking that the information and records furnished are true and correct. The committee shall not consider late or non-compliant plans, and the resolution professional must place all plans before the committee together with details of non-compliant plans and any preferential, undervalued, extortionate, or fraudulent transactions noticed, found, or determined. The committee evaluates compliant plans by the evaluation matrix, records its deliberations on feasibility, viability, value realisation, and market discovery, and votes on the plans simultaneously, with special rules for one plan, multiple plans, tie-breakers, and going-concern treatment.</description>
      <category>Act-Rules</category>
      <law>IBC</law>
      <pubDate>Thu, 04 Jan 2018 13:21:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=31623</guid>
    </item>
  </channel>
</rss>