https://www.taxtmi.com/acts?id=39892 Where a resolution plan is approved by the committee, the resolution professional must submit an application to the Adjudicating Authority for approval together with the prescribed compliance certificate. The resolution professional must send the order approving or rejecting the plan to the participants and the resolution applicant, and within seven days of approval must intimate each claimant of the principle or formula for payment of debts under the plan. If no plan is approved, or the committee approves termination, the resolution professional must apply for termination of the process in the notified format. en-us Mon, 12 Apr 2021 16:18:48 +0530 Mon, 08 Jun 2026 13:04:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39892 Where a resolution plan is approved by the committee, the resolution professional must submit an application to the Adjudicating Authority for approval together with the prescribed compliance certificate. The resolution professional must send the order approving or rejecting the plan to the participants and the resolution applicant, and within seven days of approval must intimate each claimant of the principle or formula for payment of debts under the plan. If no plan is approved, or the committee approves termination, the resolution professional must apply for termination of the process in the notified format. Act-Rules IBC Mon, 12 Apr 2021 16:18:48 +0530 https://www.taxtmi.com/acts?id=39892