https://www.taxtmi.com/acts?id=39808 The amendment to section 240 confers detailed rule-making authority to prescribe forms, manners, conditions, persons and duties required to operationalise the pre-packaged insolvency resolution process, including specification of other costs tied to the definition in section 5, and procedural requirements for approving and appointing insolvency professionals, obtaining creditor approvals and declarations, preparing reports and information memoranda, confirming and maintaining lists of claims, inviting and evaluating resolution applicants, altering committee composition, terminating the pre-pack process, and determining and allocating fees and expenses under sections 54A-54K and 54-O. en-us Mon, 05 Apr 2021 11:50:03 +0530 Wed, 07 Apr 2021 10:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39808 The amendment to section 240 confers detailed rule-making authority to prescribe forms, manners, conditions, persons and duties required to operationalise the pre-packaged insolvency resolution process, including specification of other costs tied to the definition in section 5, and procedural requirements for approving and appointing insolvency professionals, obtaining creditor approvals and declarations, preparing reports and information memoranda, confirming and maintaining lists of claims, inviting and evaluating resolution applicants, altering committee composition, terminating the pre-pack process, and determining and allocating fees and expenses under sections 54A-54K and 54-O. Act-Rules F. Acts / Amendment Acts Mon, 05 Apr 2021 11:50:03 +0530 https://www.taxtmi.com/acts?id=39808