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    <title>INITIATION OF CORPORATE INSOLVENCY RESOLUTION PROCESS UNDER SECTON 10 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016</title>
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    <description>CIRP initiation under Section 10 enables a corporate applicant to file Form 6 when a default exists, supported by a special resolution where required, authorization proof, particulars of the corporate debtor and proposed interim resolution professional, creditor wise debt particulars and documentary evidence of default. The Adjudicating Authority admits complete applications, may reject incomplete ones or where disciplinary proceedings pend against the proposed interim resolution professional, and, on admission, declares a moratorium, issues public notice for claims and appoints an interim resolution professional. Time limits apply with limited extensions.</description>
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      <description>CIRP initiation under Section 10 enables a corporate applicant to file Form 6 when a default exists, supported by a special resolution where required, authorization proof, particulars of the corporate debtor and proposed interim resolution professional, creditor wise debt particulars and documentary evidence of default. The Adjudicating Authority admits complete applications, may reject incomplete ones or where disciplinary proceedings pend against the proposed interim resolution professional, and, on admission, declares a moratorium, issues public notice for claims and appoints an interim resolution professional. Time limits apply with limited extensions.</description>
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