https://www.taxtmi.com/acts?id=54059 Eligibility for a creditor-initiated insolvency resolution process is limited to specified corporate debtors notified by the Central Government, including debtors below prescribed asset or income thresholds, those within notified classes of creditors or debt levels, and other notified categories. The process cannot be initiated where insolvency resolution or liquidation proceedings are already pending under Part II, or where the debtor has undergone a creditor-initiated insolvency resolution process, a pre-packaged insolvency resolution process, or a completed corporate insolvency resolution process within the preceding three years. en-us Thu, 09 Apr 2026 10:25:52 +0530 Thu, 09 Apr 2026 16:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54059 Eligibility for a creditor-initiated insolvency resolution process is limited to specified corporate debtors notified by the Central Government, including debtors below prescribed asset or income thresholds, those within notified classes of creditors or debt levels, and other notified categories. The process cannot be initiated where insolvency resolution or liquidation proceedings are already pending under Part II, or where the debtor has undergone a creditor-initiated insolvency resolution process, a pre-packaged insolvency resolution process, or a completed corporate insolvency resolution process within the preceding three years. Act-Rules IBC Thu, 09 Apr 2026 10:25:52 +0530 https://www.taxtmi.com/acts?id=54059