Termination of pre-packaged insolvency resolution process [ section 54N ]

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....der the proviso to section 54K(12); or * (b) under sub-section (3) of section 54D, * the Adjudicating Authority shall, within thirty days of the date of such application, by an order, - * (i) terminate the pre-packaged insolvency resolution process; and * (ii) provide for the manner of continuation of proceedings initiated for avoidance of transactions under Chapter III or proceedings init....

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....cy Process cost * Where the Adjudicating Authority passes an order under sub-section (1), the corporate debtor shall bear the pre-packaged insolvency resolution process costs, if any. [ Section 54N(3) ] Exception of this Section * Notwithstanding anything to the contrary contained in this section, where the Adjudicating Authority has passed an order under sub-section (2) of section 54J and t....