https://www.taxtmi.com/article/detailed?id=16257 Introduces a new Creditor-initiated Insolvency Resolution Process (CIIRP) with prescribed eligibility limits, notice and creditor-approval requirements, appointment of a resolution professional, public announcement, committee of creditors constitution, moratorium procedure, and structured timelines. The framework allows the corporate debtor to object before the Adjudicating Authority, regulates management powers, information disclosure, resolution plan solicitation, costs, withdrawal, replacement of the resolution professional, and conversion into corporate insolvency resolution process where the process fails or a plan is not approved. en-us Thu, 23 Apr 2026 08:58:44 +0530 Thu, 23 Apr 2026 08:58:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16257 Introduces a new Creditor-initiated Insolvency Resolution Process (CIIRP) with prescribed eligibility limits, notice and creditor-approval requirements, appointment of a resolution professional, public announcement, committee of creditors constitution, moratorium procedure, and structured timelines. The framework allows the corporate debtor to object before the Adjudicating Authority, regulates management powers, information disclosure, resolution plan solicitation, costs, withdrawal, replacement of the resolution professional, and conversion into corporate insolvency resolution process where the process fails or a plan is not approved. Articles Corporate Laws / IBC / SEBI Thu, 23 Apr 2026 08:58:44 +0530 https://www.taxtmi.com/article/detailed?id=16257