https://www.taxtmi.com/acts?id=54011 Amendment of section 54L expands the references in sub-section (2) to include additional sub-sections, namely (4), (5) and (6). It inserts a proviso in sub-section (3) allowing the Adjudicating Authority, before rejecting a resolution plan, to give notice to the committee of creditors to rectify defects in the resolution plan. It also widens clause (b) of sub-section (4) to include sub-clauses (iv) and (v). en-us Tue, 07 Apr 2026 13:12:57 +0530 Tue, 07 Apr 2026 13:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54011 Amendment of section 54L expands the references in sub-section (2) to include additional sub-sections, namely (4), (5) and (6). It inserts a proviso in sub-section (3) allowing the Adjudicating Authority, before rejecting a resolution plan, to give notice to the committee of creditors to rectify defects in the resolution plan. It also widens clause (b) of sub-section (4) to include sub-clauses (iv) and (v). Act-Rules F. Acts / Amendment Acts Tue, 07 Apr 2026 13:12:57 +0530 https://www.taxtmi.com/acts?id=54011