https://www.taxtmi.com/acts?id=31768 Section 29A bars submission of a resolution plan by persons who are undischarged insolvents, wilful defaulters, persons with specified non-performing asset accounts, persons convicted of specified offences, directors disqualified under company law, persons barred from securities markets, persons linked to specified avoidance or fraudulent transactions, persons with invoked and unpaid guarantees, persons disabled under foreign law, or persons with ineligible connected persons. The provision further defines connected person and financial entity and sets out exceptions and carve-outs for certain financial entities, prior approved resolutions, and cure of overdue amounts. en-us Sat, 20 Jan 2018 11:46:35 +0530 Mon, 13 Apr 2026 17:39:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31768 Section 29A bars submission of a resolution plan by persons who are undischarged insolvents, wilful defaulters, persons with specified non-performing asset accounts, persons convicted of specified offences, directors disqualified under company law, persons barred from securities markets, persons linked to specified avoidance or fraudulent transactions, persons with invoked and unpaid guarantees, persons disabled under foreign law, or persons with ineligible connected persons. The provision further defines connected person and financial entity and sets out exceptions and carve-outs for certain financial entities, prior approved resolutions, and cure of overdue amounts. Act-Rules IBC Sat, 20 Jan 2018 11:46:35 +0530 https://www.taxtmi.com/acts?id=31768