https://www.taxtmi.com/acts?id=39824 Eligibility for pre-packaged insolvency resolution process under section 54A extends to micro, small or medium enterprise corporate debtors and, subject to prescribed conditions, to other corporate debtors that have committed default. The debtor must not have undergone or be undergoing specified insolvency processes within the preceding three years, must not be under a liquidation order, and must be eligible to submit a resolution plan under section 29A. Initiation also requires creditor approval, director or partner declarations, and a member or partner resolution, together with disclosure of a base resolution plan and specified documents. en-us Wed, 07 Apr 2021 11:02:21 +0530 Tue, 26 May 2026 11:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39824 Eligibility for pre-packaged insolvency resolution process under section 54A extends to micro, small or medium enterprise corporate debtors and, subject to prescribed conditions, to other corporate debtors that have committed default. The debtor must not have undergone or be undergoing specified insolvency processes within the preceding three years, must not be under a liquidation order, and must be eligible to submit a resolution plan under section 29A. Initiation also requires creditor approval, director or partner declarations, and a member or partner resolution, together with disclosure of a base resolution plan and specified documents. Act-Rules IBC Wed, 07 Apr 2021 11:02:21 +0530 https://www.taxtmi.com/acts?id=39824