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    <title>Duties of resolution professional before initiation of pre-packaged insolvency resolution process [ section 54B ]</title>
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    <description>The proposed resolution professional must prepare a report in Form F8 confirming compliance with section 54A and base resolution plan conformity, file reports and enclosures on the electronic platform as required, and perform other specified duties; those duties cease if the corporate debtor fails to file within the declared period or if the application is admitted or rejected. Fees for pre initiation duties are to be determined and borne as specified and form part of pre pack costs if the application is admitted, while failure to file or rejection makes the corporate debtor liable for those fees.</description>
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      <description>The proposed resolution professional must prepare a report in Form F8 confirming compliance with section 54A and base resolution plan conformity, file reports and enclosures on the electronic platform as required, and perform other specified duties; those duties cease if the corporate debtor fails to file within the declared period or if the application is admitted or rejected. Fees for pre initiation duties are to be determined and borne as specified and form part of pre pack costs if the application is admitted, while failure to file or rejection makes the corporate debtor liable for those fees.</description>
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