TaxTMI 
TaxTMI 
COMPLIANCE CERTIFICATE
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....lication of public announcement 5 Date of constitution of committee 6 Date of first meeting of committee 7 Date of appointment of registered valuers 8 Date of submission of base resolution plan 9 Date of invitation of resolution plans from third party resolution applicant, if applicable 10 Date of inviting corporate debtor to improve its resolution plan, if applicable 11 Date of issue of invitation for resolution plan (if applicable) 12 Last date of submission of resolution plan 13 Date of approval of resolution plan by committee 14 Date of filing of resolution plan with Adjudicating Authority 15 Date of expiry of one hundred and twenty days of PPIRP 16 Fair value 17 Liquidation value 18 Number of meetings o....
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....mbers of the committee were present. or I sought vote of members of the committee by electronic voting system which was kept open at least for 24/48 hours. {strike off the part which is not relevant} 5. The list of financial creditors of the [name of CD] being members of the committee and distribution of voting share among them Sl. No. Name of creditor Voting share (%) Voting for resolution plan (voted for / dissented / abstained) I II III IV 1 2 3 6. The resolution plan includes a statement under regulation 45 of the regulations as to how it has dealt with the interests of all stakeholders in compliance with the Code and Regulations made thereunder. 7. The amounts provided for the stakeholders under the resolution plan (A....
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....ference 3 9. The compliance of the resolution plan Section of the Code / regulation No. Requirement with respect to resolution plan Clause of resolution plan Compliance (Yes / No) I II III IV section 29A Whether the resolution applicant is eligible to submit resolution plan as per final list of Resolution Professional or Order, if any, of the Adjudicating Authority. (whereas applicable) Section 30 (1c) Whether the Resolution Applicant has submitted an affidavit stating that it is eligible. (if applicable) section 30(2) Whether the resolution plan- (a) provides for the payment of insolvency resolution process costs; (b) provides for the payment to the operational creditors; (c) provides for the payment to the finan....
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.... the plan and its implementation schedule; (b) the management and control of the business of the corporate debtor during its term; (c) adequate means for supervising its implementation. regulation 45(3) Whether the resolution plan demonstrates 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; (e) the resolution applicant has the capability to implement the resolution plan. regulation 41(3) (a) Whether the RP has filed applications in respect of transactions observed, found or determined by him. regulation 43(5) Provide details of performance security received, as referr....