https://www.taxtmi.com/acts?id=32510 The amendment mandates that resolution plans be filed with an affidavit stating eligibility under section 29A, substitutes "payment" for "repayment" in specified clauses, and inserts an Explanation deeming required shareholder approvals under the Companies Act or other laws to be given for implementation of actions under the resolution plan. It also lowers the approval voting threshold by replacing "seventy-five" with "sixty-six" and provides that the amended section 29A eligibility criteria as effected by the Amendment Ordinance apply to applicants who had not submitted plans before the Ordinance's commencement. en-us Mon, 20 Aug 2018 11:53:07 +0530 Mon, 20 Aug 2018 11:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32510 The amendment mandates that resolution plans be filed with an affidavit stating eligibility under section 29A, substitutes "payment" for "repayment" in specified clauses, and inserts an Explanation deeming required shareholder approvals under the Companies Act or other laws to be given for implementation of actions under the resolution plan. It also lowers the approval voting threshold by replacing "seventy-five" with "sixty-six" and provides that the amended section 29A eligibility criteria as effected by the Amendment Ordinance apply to applicants who had not submitted plans before the Ordinance's commencement. Act-Rules F. Acts / Amendment Acts Mon, 20 Aug 2018 11:53:07 +0530 https://www.taxtmi.com/acts?id=32510