Mandatory contents of the resolution plan.

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....e financial creditors who did not vote in favour of the resolution plan shall be paid at least pro rata and in priority over financial creditors who voted in favour of the plan, in each stage.] ^2[(1A) A resolution plan shall include a statement as to how it has dealt with the interests of all stakeholders, including financial creditors and operational creditors, of the corporate debtor.] ^6[(1B) A resolution plan shall include a statement giving details if the resolution applicant or any of its related parties has failed to implement or contributed to the failure of implementation of any other resolution plan approved by the Adjudicating Authority at any time in the past.] (2) A resolution plan shall provide: (a) the term....

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....or before the date of commencement of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2025.] ^4[(3) A resolution plan shall demonstrate that - (a) it addresses the cause of default; (b) it is feasible and viable; (c) it has provisions for its effective implementation; (d) it has provisions for approvals required and the timeline for the same; and (e) the resolution applicant has the capability to implement the resolution plan.] ^15[(3A) Every resolution plan shall include: (a) a statement of beneficial-ownership, in a format to be notified through circular by the Board, covering details of all natural....

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....IBBI/2018-19/GN/REG031 dated 03-07-2018 before it was read as, ^"1[(3) A resolution plan shall contain details of the resolution applicant and other connected persons to enable the committee to assess the credibility of such applicant and other connected persons to take a prudent decision while considering the resolution plan for its approval. Explanation : For the purposes of this sub-regulation,- (i) 'details' shall include the following in respect of the resolution applicant and other connected person, namely:- (a) identity; (b) conviction for any offence, if any, during the preceding five years; (c) criminal proceedings pending, if any; (d) disqualification, if any, under Co....

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....ry of thirty days after the approval of a resolution plan by the Adjudicating Authority; and (c) liquidation value due to dissenting financial creditors and provide that such payment is made before any recoveries are made by the financial creditors who voted in favour of the resolution plan." 6. Inserted vide Notification No. IBBI/2019-20/GN/REG040 dated 24-01-2019 7. Substituted vide Notification No. IBBI/2019-20/GN/REG052 dated 27-11-2019 before it was read as "^5[(1) The amount due to the operational creditors under a resolution plan shall be given priority in payment over financial creditors.]" 8.  Inserted vide Notification No. IBBI/2022-23/GN/REG084 dated 14-06-2022 9. ....