https://www.taxtmi.com/acts?id=39795 The amendment incorporates a pre-packaged insolvency resolution process into section 5 by adding parallel references and definitions, including base resolution plan, preliminary information memorandum, pre-packaged insolvency commencement date, and a defined pre-packaged insolvency resolution process period. It specifies pre-packaged insolvency resolution process costs-covering interim finance, resolution professional fees and expenses, costs of operating the debtor as a going concern under court order, Government facilitation costs, and other specified costs-and adjusts existing cross-references so the pre-packaged process is treated alongside the corporate insolvency resolution process. en-us Mon, 05 Apr 2021 11:37:54 +0530 Wed, 07 Apr 2021 10:13:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39795 The amendment incorporates a pre-packaged insolvency resolution process into section 5 by adding parallel references and definitions, including base resolution plan, preliminary information memorandum, pre-packaged insolvency commencement date, and a defined pre-packaged insolvency resolution process period. It specifies pre-packaged insolvency resolution process costs-covering interim finance, resolution professional fees and expenses, costs of operating the debtor as a going concern under court order, Government facilitation costs, and other specified costs-and adjusts existing cross-references so the pre-packaged process is treated alongside the corporate insolvency resolution process. Act-Rules F. Acts / Amendment Acts Mon, 05 Apr 2021 11:37:54 +0530 https://www.taxtmi.com/acts?id=39795