https://www.taxtmi.com/notifications?id=139181 The amendments require a dedicated process e-mail to be opened and transferred between interim and successor resolution professionals; mandate sending communications to creditors along with the public announcement where contact information exists; extend and recalibrate various procedural timelines including submission of the information memorandum to the ninety-fifth day and filing of applications on preferential transactions by the one hundred and thirtieth day; expand information memorandum disclosures to include contingent liabilities, geographic coordinates of fixed assets and a company overview; permit asset-sale RFRPs if no resolution plans are received; require a marketing strategy for sizable corporates and mandate committee assessment of compromise or arrangement before liquidation. en-us Fri, 16 Sep 2022 00:00:00 +0530 Sat, 17 Sep 2022 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=139181 The amendments require a dedicated process e-mail to be opened and transferred between interim and successor resolution professionals; mandate sending communications to creditors along with the public announcement where contact information exists; extend and recalibrate various procedural timelines including submission of the information memorandum to the ninety-fifth day and filing of applications on preferential transactions by the one hundred and thirtieth day; expand information memorandum disclosures to include contingent liabilities, geographic coordinates of fixed assets and a company overview; permit asset-sale RFRPs if no resolution plans are received; require a marketing strategy for sizable corporates and mandate committee assessment of compromise or arrangement before liquidation. Notifications IBC Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=139181