https://www.taxtmi.com/manuals?id=3121 Termination of a pre-packaged insolvency resolution process follows an application by the resolution professional or an intimation of a creditors' decision; the Adjudicating Authority must, within thirty days, terminate the process and provide for continuation of any avoidance or related proceedings. The corporate debtor bears the pre-pack process costs unless an earlier order requires liquidation, in which case the Adjudicating Authority will order liquidation and include pre-pack costs as liquidation costs; such liquidation orders may be appealed for material irregularity or fraud. en-us Mon, 28 Aug 2023 12:22:00 +0530 Fri, 08 Dec 2023 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3121 Termination of a pre-packaged insolvency resolution process follows an application by the resolution professional or an intimation of a creditors' decision; the Adjudicating Authority must, within thirty days, terminate the process and provide for continuation of any avoidance or related proceedings. The corporate debtor bears the pre-pack process costs unless an earlier order requires liquidation, in which case the Adjudicating Authority will order liquidation and include pre-pack costs as liquidation costs; such liquidation orders may be appealed for material irregularity or fraud. Manuals IBC Mon, 28 Aug 2023 12:22:00 +0530 https://www.taxtmi.com/manuals?id=3121