https://www.taxtmi.com/news?id=23946 The notification implements a pre-packaged insolvency resolution process for MSME corporate debtors by prescribing eligibility and appointment terms for resolution professionals, eligibility of valuers and other professionals, selection of authorised representatives, requirements for public announcement and claims, the information memorandum, creditor meetings, invitation and evaluation of resolution plans including competition between base and best plans, vesting of management in the resolution professional, and procedures for termination, together with mandatory forms and modalities for stakeholders. en-us Sat, 10 Apr 2021 11:07:16 +0530 Sat, 10 Apr 2021 11:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23946 The notification implements a pre-packaged insolvency resolution process for MSME corporate debtors by prescribing eligibility and appointment terms for resolution professionals, eligibility of valuers and other professionals, selection of authorised representatives, requirements for public announcement and claims, the information memorandum, creditor meetings, invitation and evaluation of resolution plans including competition between base and best plans, vesting of management in the resolution professional, and procedures for termination, together with mandatory forms and modalities for stakeholders. News - Sat, 10 Apr 2021 11:07:16 +0530 https://www.taxtmi.com/news?id=23946