https://www.taxtmi.com/acts?id=39829 The resolution professional conducts the pre-packaged insolvency resolution process, confirms and updates claims, informs creditors, monitors the corporate debtor's management, reports breaches to the committee of creditors, constitutes and attends committee meetings, prepares the information memorandum, and files applications relating to avoidance transactions or fraudulent or wrongful trading. The resolution professional may access books, records, electronic financial records and relevant documents, appoint professionals, and collect information on the corporate debtor's assets, finances and operations. Financial institutions and persons connected with the corporate debtor must provide information, assistance and cooperation, while fees and expenses are determined in the prescribed manner subject to committee oversight and ratification. en-us Wed, 07 Apr 2021 11:15:51 +0530 Tue, 26 May 2026 11:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39829 The resolution professional conducts the pre-packaged insolvency resolution process, confirms and updates claims, informs creditors, monitors the corporate debtor's management, reports breaches to the committee of creditors, constitutes and attends committee meetings, prepares the information memorandum, and files applications relating to avoidance transactions or fraudulent or wrongful trading. The resolution professional may access books, records, electronic financial records and relevant documents, appoint professionals, and collect information on the corporate debtor's assets, finances and operations. Financial institutions and persons connected with the corporate debtor must provide information, assistance and cooperation, while fees and expenses are determined in the prescribed manner subject to committee oversight and ratification. Act-Rules IBC Wed, 07 Apr 2021 11:15:51 +0530 https://www.taxtmi.com/acts?id=39829