https://www.taxtmi.com/acts?id=32468 Regulation 36B requires the resolution professional to issue the information memorandum, evaluation matrix and a request for resolution plans to every resolution applicant in the final list within five days, specifying process steps, interaction modalities and timelines. Prospective applicants must be given a minimum submission period and cannot be required to pay a non-refundable deposit. Modifications to the request or evaluation matrix are treated as fresh issues and subject to the submission timeline. With committee approval, timelines may be extended or the request re-issued; the request may require provision of performance security for approved plans, forfeitable for failure to implement, with limited relaxation for certain real estate allottee groups. en-us Thu, 05 Jul 2018 18:16:58 +0530 Thu, 29 May 2025 10:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32468 Regulation 36B requires the resolution professional to issue the information memorandum, evaluation matrix and a request for resolution plans to every resolution applicant in the final list within five days, specifying process steps, interaction modalities and timelines. Prospective applicants must be given a minimum submission period and cannot be required to pay a non-refundable deposit. Modifications to the request or evaluation matrix are treated as fresh issues and subject to the submission timeline. With committee approval, timelines may be extended or the request re-issued; the request may require provision of performance security for approved plans, forfeitable for failure to implement, with limited relaxation for certain real estate allottee groups. Act-Rules IBC Thu, 05 Jul 2018 18:16:58 +0530 https://www.taxtmi.com/acts?id=32468