https://www.taxtmi.com/manuals?id=3120 When the Adjudicating Authority is satisfied that a committee approved resolution plan meets the statutory requirements and provides for effective implementation, it shall approve the plan within thirty days; if the plan does not conform, the Authority may reject it within thirty days and pass the prescribed termination order. If the approved plan fails to effect a change of management or control to a non promoter, the Authority must reject the plan, terminate the pre pack process, order liquidation under the relevant liquidation grounds, and include pre pack process costs as liquidation costs. en-us Fri, 25 Aug 2023 18:48:00 +0530 Fri, 08 Dec 2023 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3120 When the Adjudicating Authority is satisfied that a committee approved resolution plan meets the statutory requirements and provides for effective implementation, it shall approve the plan within thirty days; if the plan does not conform, the Authority may reject it within thirty days and pass the prescribed termination order. If the approved plan fails to effect a change of management or control to a non promoter, the Authority must reject the plan, terminate the pre pack process, order liquidation under the relevant liquidation grounds, and include pre pack process costs as liquidation costs. Manuals IBC Fri, 25 Aug 2023 18:48:00 +0530 https://www.taxtmi.com/manuals?id=3120