https://www.taxtmi.com/news?id=48831 The Amendment Regulations mandate that the Resolution Professional include details of all identified avoidance transactions and fraudulent or wrongful trading in the Information Memorandum, keep the IM updated, and provide it periodically to the committee of creditors and prospective resolution applicants. They further prohibit assignment of disclosed avoidance transactions or fraudulent or wrongful trading in a resolution plan unless those transactions were disclosed in the IM and intimated to all prospective resolution applicants under the specified sub regime before the last date for submission of resolution plans. en-us Wed, 09 Jul 2025 09:52:29 +0530 Wed, 09 Jul 2025 09:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48831 The Amendment Regulations mandate that the Resolution Professional include details of all identified avoidance transactions and fraudulent or wrongful trading in the Information Memorandum, keep the IM updated, and provide it periodically to the committee of creditors and prospective resolution applicants. They further prohibit assignment of disclosed avoidance transactions or fraudulent or wrongful trading in a resolution plan unless those transactions were disclosed in the IM and intimated to all prospective resolution applicants under the specified sub regime before the last date for submission of resolution plans. News - Wed, 09 Jul 2025 09:52:29 +0530 https://www.taxtmi.com/news?id=48831