Declaration of moratorium and public announcement during prepackaged insolvency resolution process [ Section 54E ]

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Full Text of the Document

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.... Authority shall, on the pre-packaged insolvency commencement date, along with the order of admission under section 54C - * (a) declare a moratorium for the purposes referred to in section 54E(1) read with section 14(3), which shall, mutatis mutandis apply, to the proceedings under this Chapter; * (b) appoint a resolution professional - * (i) as named in the application, if no disciplinary p....