https://www.taxtmi.com/notifications?id=143678 The amendments permit the committee to invite interim finance providers to attend meetings as non-voting observers and empower the resolution professional, with committee approval, to invite expressions of interest for resolution plans for the corporate debtor as a whole, for sale of one or more assets, or both. A sub-regulation of regulation 36B is omitted. Staged-payment resolution plans must pay financial creditors who did not support the plan at least pro rata and in priority over supporting creditors in each stage. Regulation 39 is amended to require reporting of non-compliant plans and to clarify cross-references to compliant plans. en-us Mon, 26 May 2025 00:00:00 +0530 Wed, 28 May 2025 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143678 The amendments permit the committee to invite interim finance providers to attend meetings as non-voting observers and empower the resolution professional, with committee approval, to invite expressions of interest for resolution plans for the corporate debtor as a whole, for sale of one or more assets, or both. A sub-regulation of regulation 36B is omitted. Staged-payment resolution plans must pay financial creditors who did not support the plan at least pro rata and in priority over supporting creditors in each stage. Regulation 39 is amended to require reporting of non-compliant plans and to clarify cross-references to compliant plans. Notifications IBC Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143678