Mehta Anil B. & Associates Chartered Accountants Anil Mehta  B.Com, FCA 50, 1st Flr, South Patel Nagar Mkt, Near Patel Nagar Metro Station, Opp. Metro Pillar No. 190, New Delhi-8 Cell :  98111-32901 Telefax:  4987-8684                          Home Services Payment Tax Calender Calculators Bulletins Utilities Links Acts Rules Forms News Query Careers Admin Contact Us Income Tax Corporate Services Audit Corporate Finance Services for Non-Residents Accounting Services Payroll Benefits of Outsourcing TDS/FBT Corporate Governance Trade Mark GST Registration & Returns GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Instalment Notification Circular Income Tax Company Law Service Tax Excise Matters Customs RBI SEBI FEMA Labour Laws Central Sales Tax Accounting Standards The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT IGST UTGST Compensation Cess Delhi VAT 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and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Login Email Login Time Sheet CPE Status               The_Insolvency_and_Bankruptcy_Code_2016 Section / Rule Number   Content Act / Rule Name 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. 11. Persons not entitled to make application 12. Time-limit for completion of insolvency resolution process. 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. 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 30. Submission of resolution plan. 31. Approval of resolution plan. 32. Appeal. 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, 12A. Withdrawal of application admitted under section 7, 9 or 10. 25A. Rights and duties of authorised representative of financial creditors.

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