https://www.taxtmi.com/notifications?id=137652 Regulation 18 permits the resolution professional to convene committee meetings at his discretion, requires convening or placing proposals when requested by members representing at least one third of voting rights, and allows the RP to place proposals on his own initiative. Regulation 39A imposes a duty on interim resolution professionals and resolution professionals to preserve comprehensive records of the insolvency resolution process-covering appointment, handover, admission, announcements, committee matters, claims, professional engagements, the information memorandum, filings, resolution plans, correspondence, costs and suspect transactions-and to retain electronic and physical copies for specified minimum periods from the later of process completion or conclusion of related proceedings, keeping them secure and producible. en-us Wed, 09 Feb 2022 00:00:00 +0530 Thu, 10 Feb 2022 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=137652 Regulation 18 permits the resolution professional to convene committee meetings at his discretion, requires convening or placing proposals when requested by members representing at least one third of voting rights, and allows the RP to place proposals on his own initiative. Regulation 39A imposes a duty on interim resolution professionals and resolution professionals to preserve comprehensive records of the insolvency resolution process-covering appointment, handover, admission, announcements, committee matters, claims, professional engagements, the information memorandum, filings, resolution plans, correspondence, costs and suspect transactions-and to retain electronic and physical copies for specified minimum periods from the later of process completion or conclusion of related proceedings, keeping them secure and producible. Notifications IBC Wed, 09 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=137652