6. Persons who may initiate corporate insolvency resolution process. |
7. Initiation of corporate insolvency resolution process by financial creditor. |
8. Insolvency resolution by operational creditor. |
9. Application for initiation of corporate insolvency resolution process by operational creditor |
10. Initiation of corporate insolvency resolution process by corporate applicant. |
10A.Suspension of initiation of corporate insolvency resolution process. |
11. Persons not entitled to make application |
11A Disposal of applications under section 54C and under section 7 or section 9 or section 10 |
12. Time-limit for completion of insolvency resolution process. |
12A. Withdrawal of application admitted under section 7, 9 or 10. |
13. Declaration of moratorium and public announcement. |
14. Moratorium |
15. Public announcement of corporate insolvency resolution process |
16. Appointment and tenure of interim resolution professional. |
17. Management of affairs of corporate debtor by interim resolution professional. |
18. Duties of interim resolution professional. |
19. Personnel to extend cooperation to interim resolution professional. |
20. Management of operations of corporate debtor as going concern |
21. Committee of creditors. |
22. Appointment of resolution professional |
23. Resolution professional to conduct corporate insolvency resolution process. |
24. Meeting of committee of creditors. |
25. Duties of resolution professional. |
25A. Rights and duties of authorised representative of financial creditors. |
26. Application for avoidance of transactions not to affect proceedings. |
27. Replacement of resolution professional by committee of creditors. |
28. Approval of committee of creditors for certain actions. |
29. Preparation of information memorandum |
29A. A person shall not be eligible to submit a resolution plan, if such person, or any other person acting jointly with such person, or any person who is a promoter or in management or control of such person, |
30. Submission of resolution plan. |
31. Approval of resolution plan. |
32. Appeal. |
32A Liability for prior offences, etc |