https://www.taxtmi.com/acts?id=39891 Approval of resolution plan requires the committee to consider a plan that is significantly better than the base resolution plan; absent compliant plans the base plan may be considered. Where competing plans exist, the resolution professional discloses scores and invites iterative improvements: the lower-scored submitter then the other submitter alternately may improve by at least one tick size until one fails to act, within a forty-eight-hour time-window, and the higher-scored plan after improvement is considered for approval. en-us Mon, 12 Apr 2021 16:18:19 +0530 Mon, 12 Apr 2021 16:18:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39891 Approval of resolution plan requires the committee to consider a plan that is significantly better than the base resolution plan; absent compliant plans the base plan may be considered. Where competing plans exist, the resolution professional discloses scores and invites iterative improvements: the lower-scored submitter then the other submitter alternately may improve by at least one tick size until one fails to act, within a forty-eight-hour time-window, and the higher-scored plan after improvement is considered for approval. Act-Rules IBC Mon, 12 Apr 2021 16:18:19 +0530 https://www.taxtmi.com/acts?id=39891