https://www.taxtmi.com/article/detailed?id=16231 Pre-packaged insolvency resolution process for micro, small or medium enterprise corporate debtors is amended by relaxing initiation requirements and reducing financial creditor approval thresholds from 66.6% to 51%. The application regime is simplified under section 54C, cooperation obligations are expanded under section 54F, and approval and termination consequences are aligned with sections 31 and 33. Draft regulations substitute Regulation 18 to specify the supporting information and documents, while Chapter IV on the fast track corporate insolvency resolution process is omitted. en-us Mon, 20 Apr 2026 08:30:50 +0530 Mon, 20 Apr 2026 08:30:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16231 Pre-packaged insolvency resolution process for micro, small or medium enterprise corporate debtors is amended by relaxing initiation requirements and reducing financial creditor approval thresholds from 66.6% to 51%. The application regime is simplified under section 54C, cooperation obligations are expanded under section 54F, and approval and termination consequences are aligned with sections 31 and 33. Draft regulations substitute Regulation 18 to specify the supporting information and documents, while Chapter IV on the fast track corporate insolvency resolution process is omitted. Articles Corporate Laws / IBC / SEBI Mon, 20 Apr 2026 08:30:50 +0530 https://www.taxtmi.com/article/detailed?id=16231