https://www.taxtmi.com/article/detailed?id=12358 The amendments require a separate bank account for each real estate project, impose quarterly minimum Committee meetings and cost approval obligations, set minimum and Committee determined maximum electronic voting windows with prescribed extension mechanics, mandate valuers to explain valuation methodology to the Committee and deliver valuation reports on confidentiality undertakings, allow Committee discretion to withhold fair value from the information memorandum, permit project wise invitations for resolution plans, authorize a monitoring committee for plan implementation with capped fees for the resolution professional if included, and require the resolution professional to continue CIRP duties while extension applications are pending. en-us Sat, 24 Feb 2024 09:40:53 +0530 Sat, 24 Feb 2024 09:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12358 The amendments require a separate bank account for each real estate project, impose quarterly minimum Committee meetings and cost approval obligations, set minimum and Committee determined maximum electronic voting windows with prescribed extension mechanics, mandate valuers to explain valuation methodology to the Committee and deliver valuation reports on confidentiality undertakings, allow Committee discretion to withhold fair value from the information memorandum, permit project wise invitations for resolution plans, authorize a monitoring committee for plan implementation with capped fees for the resolution professional if included, and require the resolution professional to continue CIRP duties while extension applications are pending. Articles Corporate Laws / IBC / SEBI Sat, 24 Feb 2024 09:40:53 +0530 https://www.taxtmi.com/article/detailed?id=12358