https://www.taxtmi.com/acts?id=39833 Section 54J permits vesting the management of a corporate debtor in the resolution professional during the pre packaged insolvency process: following a qualifying committee resolution, the resolution professional applies to the Adjudicating Authority, which may order vesting if the debtor's affairs were conducted fraudulently or there was gross mismanagement. From the date of that order until the pre pack period ends, specified Code provisions apply mutatis mutandis to the proceedings. en-us Wed, 07 Apr 2021 11:22:05 +0530 Fri, 13 Aug 2021 14:50:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39833 Section 54J permits vesting the management of a corporate debtor in the resolution professional during the pre packaged insolvency process: following a qualifying committee resolution, the resolution professional applies to the Adjudicating Authority, which may order vesting if the debtor's affairs were conducted fraudulently or there was gross mismanagement. From the date of that order until the pre pack period ends, specified Code provisions apply mutatis mutandis to the proceedings. Act-Rules IBC Wed, 07 Apr 2021 11:22:05 +0530 https://www.taxtmi.com/acts?id=39833