Initiation of corporate insolvency resolution process by corporate applicant.

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....iating corporate insolvency resolution process with the Adjudicating Authority. (2) The application under sub-section (1) shall be filed in such form, containing such particulars and in such manner and accompanied with such fee as may be prescribed. ^1[(3) The corporate applicant shall, along with the application, furnish- (a) the information relating to its books of account and suc....

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....uch notice from the Adjudicating Authority. ^8[Provided further that if the Adjudicating Authority has not passed an order under this sub-section within a period of fourteen days from the date of receipt of the application under sub-section (2), it shall record the reasons for such delay in writing.] (5) The corporate insolvency resolution process shall commence from the date of admission of....

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....-2018 3. Inserted vide Section 7 of the Insolvency and Bankruptcy Code (Second Amendment) Act, 2018 w.e.f. 06-06-2018 4.  Substituted vide Section 6 of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 w.e.f. 26-05-2026 (Notified vide Notification No. S.O. 2625(E) dated 22-05-2026) before it was read as, "for such period as may be....