[Duties and powers of resolution professional during prepackaged insolvency resolution process [ Section 54F ]

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....corporate debtor under section 54G, in such manner as may be specified in Regulation 20(2) of IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021; * (b) inform creditors regarding their claims as confirmed under clause (a), in such manner as may be specified Sub-Regulation (3) to (7) of Regulation 20 of IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021;; * (c) maintain an updated list of claims, in such manner as may be specified in Sub-Regulation (8) & (9) of Regulation 20 of IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021; * (d) monitor management of the affairs of the corporate debtor; * (e) inform the committee of creditors in the event of breach of any of the obligations of ....

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....of members, Board of Directors and committee of directors, or partners, as the case may be, of the corporate debtor; * (e) appoint accountants, legal or other professionals in such manner as may be specified in Regulation 10 of IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021 * (f) collect all information relating to the assets, finances and operations of the corporate debtor for determining the financial position of the corporate debtor and the existence of any transactions that may be within the scope of provisions relating to avoidance of transactions under Chapter III or fraudulent or wrongful trading under Chapter VI, including information relating to - * (i) business operations for the previous two years from ....

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.... by him for conducting the prepackaged insolvency resolution process shall be determined in such manner as may be specified: * Provided that the committee of creditors may impose limits and conditions on such fees and expenses: * Provided further that the fees and expenses for the period prior to the constitution of the committee of creditors shall be subject to ratification by it. [ Sub- section (6) ] * The fees and expenses referred to in sub-section (6) shall be borne in such manner as may be specified. [ Sub-section (7) ] Determination of Claim as per Regulation 21 IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021; * (1) Where the amount of claim of a creditor is not precise due to any contingency or other rea....