PART III—Section 4 izkf/dkj ls izdkf'kr · 3783 GI/2018 (1) jftLVªh lö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III—Section

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EXTRAORDINARY

Hkkx IIImdash[kM 4 PART IIImdashSection 4

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la- 253] ubZ fnYyh] cqokj] tqykbZ 4] 2018vkkklt+ 13] 1940 No 253] NEW DELHI WEDNESDAY JULY 4 2018ASHADHA 13 1940 भारतीयभारतीयभारतीयभारतीय दवालादवालादवालादवाला औरऔरऔरऔर शोधनशोधनशोधनशोधन अमताअमताअमताअमता बोड13बोड13बोड13बोड13 अिधसचनाअिधसचनाअिधसचनाअिधसचना नई दली 3 जलाई 2018 भारतीय दवाला और शोधन अमता बोड13भारतीय दवाला और शोधन अमता बोड13भारतीय दवाला और शोधन अमता बोड13भारतीय दवाला और शोधन अमता बोड13 (कारपोरट िय क िलए(कारपोरट िय क िलए(कारपोरट िय क िलए(कारपोरट िय क िलए दवाला समाधान या) (तीसरा सशोधन) दवाला समाधान या) (तीसरा सशोधन) दवाला समाधान या) (तीसरा सशोधन) दवाला समाधान या) (तीसरा सशोधन) िविनयम 2018िविनयम 2018िविनयम 2018िविनयम 2018 स स स स आईआईआईआईबीबीबीबीबीबीबीबीआईआईआईआई2012012012018888----11119999जीजीजीजीएनएनएनएनआरईजीआरईजीआरईजीआरईजी031031031031mdashmdashmdashmdashभारतीय दवाला और शोधन अमता बोड दवाला और शोधन अमता सिहता 2016 (2016 का 31) क) धारा 240 क साथ पठत धारा 196 क) उपधारा (1) क खड (न) 3ारा 4द5 शि6य7 का 4योग करत 9ए भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 का सशोधन करन क िलए िनgtिलिखत िविनयम बनाता ह अथा तmdash 1 (1) इन िविनयम7 का सिB नाम भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (तीसरा सशोधन) िविनयम 2018 ह (2) य राजपD मE उनक 4काशन क) तारीख स 4व5 ह7ग और उ6 तारीख को या उसक पGात 4ारभ होन वाली कारपोरट दवाला समाधान 4=याH मE लाग ह7ग 2 भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 (िजJहE इसमE इसक पGात मल िविनयम कहा गया ह) क िविनयम 2 क उप-िविनयम (1) मE खड (क) क पGात िनgtिलिखत खड अतःLथािपत कया जाएगा अथा त- ldquo(कक) ldquoलनदार7 का वग rdquo स ऐसा वग अिभ4त ह िजसमE धारा 21 क) उपधारा (6क) क खड (ख) क अधीन कम स कम दस िव5ीय लनदार हN और ldquoकसी वग मE लनदारrdquo अिभltि6 का अथा Jवयन तOनसार कया जाएगा rdquo 3 मल िविनयम7 क िविनयम 3 मE-

2 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (क) उप-िविनयम (1) क खड (ग) क उपखड (ii) मE ldquoदस 4ितशतrdquo शPद7 क Lथान पर ldquoपाच 4ितशतrdquo शPद रख जाएग (ख) उप-िविनयम (1) क पGात िनgtिलिखत उप-िविनयम अतःLथािपत कया जाएगा अथा त- ldquoldquoldquoldquo (1क) जहा सिमित अतरम समाधान ltावसाियक को समाधान ltावसाियक क Rप मE िनय6 करन या धारा 22 क अधीन अतरम समाधान ltावसाियक को 4ितLथािपत करन या धारा 27 क अधीन समाधान ltावसाियक को 4ितLथािपत करन का िविनGय करती ह वहा वह 4Lतािवत समाधान ltावसाियक स अनसची क 4Rप कक मE िलिखत सहमित 4ाB करगी rdquordquordquordquo 4 मल िविनयम7 मE िविनयम 4 क पGात िनgtिलिखत उप-िविनयम अतःLथािपत कए जाएग अथा त- ldquo4क ािधकत ितिनिधािधकत ितिनिधािधकत ितिनिधािधकत ितिनिध का चयनका चयनका चयनका चयन (1) अतरम समाधान ltावसाियक कारपोरट ऋणी क) लखा-बिहय7 और अJय ससगत अिभलख7 क) परीा करन पर लनदार7 क वग (वगW) यद कोई हN को अिभिनिGत करगा (2) अतरम समाधान ltावसाियक सिमित मE उप-िविनयम (1) क अधीन अिभिनिGत कसी वग मE लनदार7 का 4ितिनिधXव करन क िलए ऐस तीन दवाला ltावसाियक7 क) पहचान करगा जो- (क) उसक नातदार या सबY पकार नहZ हN (ख) िविनयम 3 क अधीन दवाला ltावसाियक होन क पाD हN और (ग) उस वग मE िव5ीय लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करन क इ[छक हN (3) अतरम समाधान ltावसाियक उप-िविनयम (2) क अधीन पहचान कए गए 4Xयक दवाला ltावसाियक स उस वग क लनदार7 क िलए 4ािधकत 4ितिनिध क Rप मE काय करन क िलए अनसची क 4Rप कख मE सहमित 4ाB करगा rdquo 5 मल िविनयम7 क िविनयम 6 क- (i) उप-िविनयम (2) मE खड (ख) क पGात िनgtिलिखत खड अतःLथािपत कए जाएग अथा त- ldquo(खक) यह कथन होगा क दाव क 4Rप कहा स यथािLथित डाउनलोड या अिभ4ाB कए जा सकत हN (खख) िविनयम 4क क अधीन पहचान कए गए तीन दवाला ltावसाियक7 क) 4Xयक वग मE लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करन क िलए चयन क) 4Lथापना होगी औरrdquo (ii) उप-िविनयम (3) मE ldquoltा]या ndash साव जिनक घोषणा पर होन वाला खच दवाला समाधान 4=या लागत का भाग नहZ होगाrdquo शPद7 का लोप कया जाएगा 6 मल िविनयम7 क िविनयम 7 क उप-िविनयम (1) मE ldquoअपन दाव का 4माणrdquo शPद7 क Lथान पर ldquoसबत सिहत अपना दावाrdquo शPद रख जाएग 7 मल िविनयम7 क िविनयम 8 मE- (क) उप-िविनयम (1) मE- (i) ldquoकारपोरट ऋणी क िव5ीय लनदार अपन दाव का 4माणrdquo शPद7 क Lथान पर ldquoलनदार7 क कसी वग स सबिधत कसी िव5ीय लनदार स िभ` िव5ीय लनदार अपन सबत सही दावाrdquo शPद रख जाएग (ख) उप-िविनयम (2) क खड (ख) क उपखड (iii) मE ldquoवापसrdquo शPद क Lथान पर ldquoसद5rdquo शPद रखा जाएगा 8 मल िविनयम7 मE िविनयम 8 क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- 8क कसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दाव ldquo(1) ऐसा ltि6 जो कसी वग मE कोई लनदार होन का दावा करता ह अतरम समाधान ltावसाियक को इलaटािनक Rप मE अनसची क 4Rप गक मE सबत सिहत दावा 4Lतत करगा (2) कसी वग मE लनदार को दय ऋण क) िवbमानता िनgtिलिखत क आधार पर सािबत क) जा सकगी ndash

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 3 (क) कसी इनफामeशन यटिलटी क पास उपलPध अिभलख यद कोई ह या (ख) अJय ससगत दLतावज़ िजनक अतग त िनgtिलिखत मE स कोई ह- (i) िव=य करार (ii) आबटन पD (iii) कए गए सदाय क) रसीद या (iv) ऐसा कोई अJय दLतावज़ िजसमE ऋण क) िवbमानता का साgय िमलता हो (3) कसी वग मE कोई लनदार उसक 4ािधकत 4ितिनिध क Rप मE काय करन क िलए अतरम समाधान ltावसाियक 3ारा साव जिनक उhोषणा मE दए गए तीन िवकप7 मE स अपनी पसJद उपदiश त कर सकगाrdquo 9 मल िविनयम7 क िविनयम 9 क उप-िविनयम (1) और उप-िविनयम (2) मE ldquoदाव का 4माणrdquo शPद7 क Lथान पर =मशः ldquoसबत सिहत दावाrdquo शPद रख जाएग 10 मल िविनयम7 क िविनयम 9क क उप-िविनयम (1) मE ldquoअपन दाव का सबतrdquo शPद7 क Lथान पर ldquoसबत सिहत अपना दावाrdquo शPद रख जाएग 11 मल िविनयम7 क िविनयम 12 मE- (क) उप-िविनयम (1) मE ldquoदाव क 4माणrdquo शPद7 क Lथान पर ldquoसबत सिहत दावाrdquo शPद रख जाएग (ख) उप-िविनयम (2) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त- ldquo(2) ऐसा लनदार जो क साव जिनक उhोषणा मE अनबY समय क भीतर सबत सिहत दावा 4Lतत करन मE असफल रहता ह दवाला 4=या 4ारभ होन क) तारीख स नPब दन या उसस पव यथािLथित अतरम समाधान ltावसाियक या समाधान ltावसाियक को सबत सिहत दावा 4Lतत कर सकगा rdquo (ग) उप-िविनयम (3) मE ldquoिव5ीय लनदारrdquo शPद7 क Lथान पर ldquoिविनयम 8 क अधीन िव5ीय लनदारrdquo शPद रख जाएग 12 िविनयम 16 क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- ldquo16क ािधकत ितिनिधािधकत ितिनिधािधकत ितिनिधािधकत ितिनिध (1) अतरम समाधान ltावसाियक ऐस दवाला ltावसाियक का जो िविनयम 12 क उप-िविनयम (1) क अधीन 4ाB 4Rप गक मE कसी वग मE िव5ीय लनदार7 क) अिधकतम स]या क) पसJद ह सबिधत वग क लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करन क िलए चयन करगा परJत िविनयम 12 क उप-िविनयम (2) क अधीन 4ाB 4Rप गक मE 4ािधकत 4ितिनिध क Rप मE काय करन क िलए कसी दवाला ltावसाियक क िलए पसJद पर िवचार नहZ कया जाएगा (2) अतरम समाधान ltावसाियक िविनयम 12 क उप-िविनयम (1) क अधीन 4ाB दाव7 क सXयापन क दो दन क भीतर उप-िविनयम (1) क अधीन चयिनत 4ािधकत 4ितिनिधय7 क) िनयि6 क िलए Jयायिनणा यक 4ािधकारी को आवदन करगा (3) लनदार7 क कसी वग क िलए 4ािधकत 4ितिनिध क) िनयि6 मE िवलब होन स सिमित 3ारा कए गए कसी िविनGय क) िविधमाJयता पर 4ितकल 4भाव नहZ पड़गा (4) अतरम समाधान ltावसाियक Jयायिनणा यक 4ािधकारी 3ारा िनय6 सबिधत 4ािधकत 4ितिनिध को 4Xयक वग मE लनदार7 क) सची उपलPध कराएगा (5) यथािLथित अतरम समाधान ltावसाियक या समाधान ltावसाियक सबिधत 4ािधकत 4ितिनिध को 4Xयक वग मE लनदार7 क) अbतन सची उपलPध कराएगा जस ही वह सची अbतन क) जाती ह प+ीकरणप+ीकरणप+ीकरणप+ीकरण 4ािधकत 4ितिनिध क) उस वग क िजसका वह 4ितिनिधXव करता ह लनदार7 क दाव7 क) 4ािB या सXयापन मE कोई भिमका नहZ होगी

4 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (6) यथािLथित अतरम समाधान ltावसाियक या समाधान ltावसाियक 4ािधकत 4ितिनिध और उस वग क लनदार7 क बीच सचार क इलalािनक माmयम उपलPध कराएगा (7) कसी वग मE कसी लनदार का मतदान अश िव5ीय ऋण क अनपात मE होगा िजसमE आठ 4ितशत वाiष क दर पर Pयाज शािमल ह जब तक क पकार7 क बीच इसस िभ` दर पर सहमित न 9ई हो (8) कसी वग मE लनदार7 का 4ािधकत 4ितिनिध सिमित क) ऐसी 4Xयक बठक क िलए िजसमE वह उपिLथत होता ह िनgtिलिखत रीित मE फ)स 4ाB करन का हकदार होगा अथा त- वग मE लनदार7 क) स]या सिमित क) 4Xयक बठक क िलए फ)स (nपय7 मE) 10-100 15000 101-1000 20000 1000 स अिधक 25000 (9) 4ािधकत 4ितिनिध कसी वग मE क लनदार7 को मतदान अनदश7 क िलए oवडो खलन स कम स कम चौबीस घट पव काय सची परचािलत करगा और मतदान oवडो क खलन क) घोषणा करगा तथा मतदान oवडो को कम स कम बारह घट क िलए खला रखगा 16ख कसी वग13 म(कसी वग13 म(कसी वग13 म(कसी वग13 म( कवल लनदार क- सिमितकवल लनदार क- सिमितकवल लनदार क- सिमितकवल लनदार क- सिमित जहा कारपोरट ऋणी मE कवल कसी वग क लनदार हN और कोई अJय िव5ीय लनदार सिमित मE 4वश करन क िलए पाD नहZ ह वहा सिमित मE कवल 4ािधकत 4ितिनिध होगा rdquo 13 मल िविनयम7 क िनयम 17 क Lथान पर िनgtिलिखत िविनयम रखा जाएगा अथा त - 17 सिमित का गठन (1) अतरम समाधान ltावसाियक िविनयम 12 क उप-िविनयम (1) क अधीन 4ाB दाव7 क सXयापन क दो दन क भीतर Jयायिनणा यक 4ािधकारी को सिमित का गठन 4मािणत करत 9ए एक रपोट फाइल करगा (2) सिमित क) पहली बठक इस िविनयम क अधीन रपोट फाइल कए जान क सात दन क भीतर अतरम समाधान ltावसाियक 3ारा आयोिजत करगा (3) जहा समाधान ltावसाियक क) िनयि6 मE िवलब होता ह वहा अतरम समाधान ltावसाियक दवाला 4=या 4ारभ होन क चालीसवE दन स तब तक समाधान ltावसाियक क कXय7 का पालन करगा जब तक धारा 22 क अधीन समाधान ltावसाियक क) िनयि6 नहZ हो जाती ह 14 मल िविनयम7 मE िविनयम 19 क Lथान पर िनgtिलिखत िविनयम रखा जाएगा अथा त- ldquo19(1) इस िविनयम क अधीन रहत 9ए सिमित क) कोई बठक 4Xयक भागीदार को उस पत पर जो उसन समाधान ltावसाियक को उपलPध कराया ह िलिखत मE कम स कम पाच दन क) सचना दकर बलाई जाएगी और ऐसी सचना दLती या डाक 3ारा भजी जाएगी कJत हर हालत मE 4Xयक भागीदार को उसक) तामील िविनयम 20 क अनसार इलalािनक माmयम 3ारा क) जाएगी (2) सिमित सचना दन क) अविध को पाच दन स कम स कम चौबीस घट क) ऐसी अJय अविध तक घटा सकगी जो वह उपय6 समझ परJत सिमित उस अविध को ऐसी अJय अविध जोक कम स कम अड़तालीस घट स कम नहZ होगी तक घटा सकगी यद उसमE कोई 4ािधकत 4ितिनिध ह rdquo 15 मल िविनयम7 क िविनयम 25 मE- (क) उप-िविनयम (3) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त-

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 5 ldquo(3) समाधान ltावसाियक ऐसी कसी मद पर जो उस पर चचा क पGात मतदान क िलए सचीबY ह सिमित क उपिLथत सदLय7 का मत लगा ldquo| (ख) उप-िविनयम (5) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त- ldquo(5) समाधान ltावसाियक ndash (क) बठक क) समािB क अड़तालीस घट क भीतर सिमित क समLत सदLय7 को इलalािनक माmयम स बठक क काय व5 परचािलत करगा और (ख) बठक मE मतदान क िलए सचीबY िवषय7 पर िविनयम 26 क अनसार इलalािनक मतदान पYित स मतदान क) ईrसा करगा जहा क ऐस सदLय7 क िलए मतदान िजJह7न भाग मE भाग नहZ िलया था काय व5 क परचालवन स चौबीस घट क िलए खला रहगा rdquo 16 मल िविनयम7 क िविनयम 26 क उप-िविनयम (2) का लोप कया जाएगा 17 मल िविनयम7 क िविनयम 27 मE ldquoअपनी िनयि6 स सात दनrdquo शPद7 क Lथान पर ldquoअपनी िनयि6 स सात दन कJत दवाला 4=या 4ारभ होन क) तारीख स सNतालीस दन क अपGातrdquo शPद रख जाएग 18 मल िविनयम7 क िविनयम 29 क उप-िविनयम (2) मE ldquoसिमित का अनमोदनrdquo शPद7 क Lथान पर ldquoसदLय7 क मतदान अश क िछयासठ 4ितशत मत 3ारा सिमित का अनमोदनrdquo शPद रख जाएग 19 मल िविनयम7 मE िविनयम 30 क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- ldquo30क आवदन का वापस िलया जाना आवदन का वापस िलया जाना आवदन का वापस िलया जाना आवदन का वापस िलया जाना (1) धारा 12क क अधीन वापसी क िलए आवदन यथािLथित अतरम समाधान ltावसाियक या समाधान ltावसाियक को िविनयम 36क क अधीन Rिच क) अिभltि6 क िलए आमDण जारी करन स पव अनसची क 4Rप चक मE 4Lतत कया जाएगा (2) उप-िविनयम (1) मE आवदन क साथ िविनयम 31(ग) और (घ) क 4योजन7 क िलए आवदन क) तारीख तक उपगत 4ाsिलत लागत मY एक बNक गारटी सलt क) जाएगी (3) सिमित उप-िविनयम (1) क अधीन कए गए आवदन पर अपन गठन क सात दन या आवदन 4ाB होन क सात दन क भीतर इनमE स जो भी पGाXवतu हो िवचार करगी (4) जहा आवदन का सिमित 3ारा 90 4ितशत मतदान शयर सिहत अनमोदन कर दया जाता ह वहा समाधान ltावसाियक ऐस आवदन क तीन दन क भीतर आवदक क) ओर स Jयायिनणा यक 4ािधकारी को उप-िविनयम (1) क अधीन आवदन 4Lतत करगा (5) Jयायिनणा यक 4ािधकारी आदश 3ारा उप-िविनयम (4) क अधीन 4Lतत कए गए आवदन का अनमोदन कर सकगा rdquo 20 मल िविनयम7 क िविनयम 31 मE खड (क) क पGात िनgtिलिखत खड अतःLथािपत कए जाएग अथा त- ldquo(कक) िविनयम 16क क उप-िविनयम (7) क अधीन 4ािधकत 4ितिनिध को सदय फ)स (कख) धारा 25 क अधीन 4ािधकत 4ितिनिध क कXय7 क िनव हन क िलए उसक जब खच मE सrdquo 21 मल िविनयम7 क िविनयम 35क क Lथान पर िनgtिलिखत िविनयम रखा जाएगा अथा त- 35क अिधमानी और अय सवहारअिधमानी और अय सवहारअिधमानी और अय सवहारअिधमानी और अय सवहार (1) समाधान ltावसाियक दवाला 4=या 4ारभ होन क) तारीख स पचह5रवE दन या उसस पव इस सबध मE राय बनाएगा क कारपोरट ऋणी धारा 43 45 50 या 66 क अतग त आन वाली 4कित क कसी सltवहार क अmयधीन रहा ह (2) जहा समाधान ltावसाियक क) यह राय ह क कारपोरट ऋणी धारा 434550 या 66 क अतग त आन वाली 4कित क कसी सltवहार क अmयधीन रहा ह वहा वह बोड को सिचत करत 9ए दवाला 4=या 4ारभ होन क) तारीख स एक सौ पJwहवE दन या उसस पव एक अवधारण करगा

6 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (3) जहा समाधान ltावसाियक यह अवधारण करता ह क कारपोरट ऋणी धारा 43 45 50 या 66 क अतग त आन वाली 4कित क कसी सltवहार क अmयधीन रहा ह वहा वह Jयायिनणा यक 4ािधकारी को दवाला 4=या 4ारभ होन क) तारीख स एक सौ पNतीसवE दन या उसस पव समिचत अनतोष क िलए आवदन करगा 22 मल िविनयम7 क िविनयम 36 मE- (क) उप-िविनयम (1) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त- ldquo(1) समाधान ltावसाियक उप-िविनयम (4) क अधीन रहत 9ए अपनी िनयि6 क दो सBाह क भीतर कJत दवाला 4=या 4ारभ होन क) तारीख स चौवनवE दन क अपGात सिमित क 4Xयक सदLय को इलalािनक Rप मE सचना xापन 4Lतत करगा rdquo| (ख) उप-िविनयम (4) मE ldquoया सभावी समाधान आवदकrdquo शPद7 का लोप कया जाएगा 23 मल िविनयम7 क िविनयम 36क क Lथान पर िनgtिलिखत िविनयम रखा जाएगा अथा त- ldquoldquoldquoldquo36क 3िच क- अिभि क िलए आ36क 3िच क- अिभि क िलए आ36क 3िच क- अिभि क िलए आ36क 3िच क- अिभि क िलए आम6णम6णम6णम6ण (1) समाधान ltावसाियक िहतबY और पाD भावी समाधान आवदक7 स समाधान योजनाए 4Lतत करन क िलए यथासभव शीy कJत दवाला 4=या 4ारभ होन स पचह5रवE दन क अपGात अनसची क 4Rप छ मE Rिच क) अिभltि6 क िलए आमDण का सिB िववरण 4कािशत करगा (2) समाधान ltावसाियक 4Rप छ ndash (i) कारपोरट ऋणी क रिजLlीकत काया लय और 4धान काया लय यद कोई ह क अवLथान पर और ऐस कसी अJय अवLथान पर जहा समाधान ltावसाियक क) राय मE कारपोरट ऋणी तािXवक कारोबार स=याए करता ह ltापक परचालन वाल एक अzजी और एक Dीय भाषा क समाचारपD मE (ii) कारपोरट ऋणी का वबसाइट यद कोई ह पर (iii) बोड 3ारा इस 4योजनाथ अिभिहत वबसाइट यद कोई ह पर और (iv) ऐसी कसी अJय रीित मE जो सिमित िविनिGत कर 4कािशत करगा (3) अनसची क 4Rप छ मE- (क) इस बात का कथन होगा क Rिच क) अिभltि6 क िलए िवLतत आमDण कहा स यथािLथित डाउनलोड या अिभ4ाB कया जा सकता ह और (ख) Rिच क) अिभltि6 4Lतत करन क िलए अितम तारीख होगी जो क िवLतत आमDण जारी करन स पJwह दन स कम नहZ होगी (4) उप-िविनयम (3) मE िनद | िवLतत आमDण मE- (क) धारा 25 क) उपधारा (2) क खड (ज) क अनसार सिमित 3ारा यथा-अनमोदत भावी समाधान आवदक7 क िलए मानदड िविनद | कए जाएग (ख) धारा 29क क अधीन अपाDता मानदड7 का कथन होगा जहा तक व भावी समाधान आवदक7 को लाग होत हN (ग) कारपोरट ऋणी क बार मE ऐसी मलभत जानकारी होगी जो कसी भावी समाधान आवदक 3ारा Rिच क) अिभltि6 क िलए अपित हो और (घ) Rिच क) अिभltि6 4Lतत करन क िलए कोई फ)स या कोई अ4ितदय िनप क) अपा नहZ होगी (5) ऐसा भावी समाधान आवदक जो Rिच क) अिभltि6 क िलए आमDण क) अपाए परी करता ह उप-िविनयम (3) क खड (ख) क अधीन आमDण मE िविनद | समय क भीतर Rिच क) अिभltि6 4Lतत कर सकगा

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 7 (6) उप-िविनयम (3) क खड (ख) क अधीन आमDण मE िविनद | समय क पGात 4ाB Rिच क) अिभltि6 अLवीकार कर दी जाएगी (7) Rिच क) अिभltि6 कसी भी शत स म6 होगी और उसक साथ िनgtिलिखत दLतावज़ सलt कए जाएग ndash (क) भावी समाधान आवदक 3ारा यह वचनबध क वह धारा 25 क) उपधारा (2) क खड (ज) क अधीन सिमित 3ारा िविनद | मानदड7 को परा करता ह (ख) खड (क) क अधीन मानदड को परा करन क साgयLवRप ससगत अिभलख (ग) भावी समाधान आवदक 3ारा यह वचनबध क वह धारा 29क क अधीन कसी अपाDता स zLत नहZ ह जहा तक वह उस लाग होती ह (घ) खड (ग) क अधीन अपाDता का िनधा रण करन मE समथ बनान क िलए ससगत जानकारी और अिभलख (ङ) भावी समाधान आवदक 3ारा यह वचनबध क यद वह कारपोरट दवाला समाधान 4=या क दौरान कसी भी समय अपाD हो जाता ह तो वह समाधान ltावसाियक को तरत सिचत करगा (च) भावी समाधान आवदक 3ारा यह वचनबध क Rिच क) अिभltि6 मE दी गई 4Xयक जानकारी और अिभलख सही ह और कसी भी समय कोई Dट पाए जान पर वह समाधान योजना 4Lतत करन क िलए अपाD हो जाएगा कोई 4ितदय िनप 4ितस~त हो जाएगा और उसक िवnY सिहता क अधीन शािLतक कार वाई लाग होगी और (छ) भावी समाधान आवदक 3ारा इस आशय का वचनबध क वह जानकारी क) गोपनीयता बनाए रखगा और वह ऐसी जानकारी का 4योग Lवय को या कसी अJय ltि6 को अनिचत लाभ या अनिचत हािन कारत करन क िलए नहZ करगा तथा धारा 29 क) उपधारा (2) क अधीन अपाH का अनपालन करगा (8) समाधान ltावसाियक इस सबध मE समाधान करन क िलए अिभलख पर उपलPध सामzी क आधार पर सयक तXपरता बरतगा क भावी समाधान आवदक ndash (क) धारा 25 क) उपधारा (2) क खड (ज) क उपबध7 (ख) धारा 29क क उपबध7 और (ग) Rिच क) अिभltि6 क िलए आमDण मE यथािविनद | अJय अपाH का अनपालन करता ह (9) समाधान ltावसाियक उप-िविनयम (8) क अधीन सयक तXपरता बरतन क िलए भावी समाधान आवदक स कोई Lप|ीकरण या अितर6 जानकारी या दLतावज़ क) ईrसा कर सकगा (10) समाधान ltावसाियक Rिच क) अिभltि6 4Lतत कए जान क) अितम तारीख स दस दन क भीतर सिमित और ऐस समLत भावी समाधान आवदक7 को िजJह7न Rिच क) अिभltि6 4Lतत क) ह पाD भावी समाधान आवदक7 क) अनितम सची जारी करगा (11) उप-िविनयम (10) मE िनद | अनितम सची मE कसी भावी समाधान आवदक क समावशन या अपवज न क सबध मE कोई आप अनितम सची जारी करन स पाच दन क भीतर समथ नकारी दLतावज़7 सिहत कया जाएगा (12) समाधान ltावसाियक उप-िविनयम (11) क अधीन 4ाB आप7 पर िवचार करन क पGात आप7 क) 4ािB क) अितम तारीख क दस दन क भीतर भावी समाधान आवदक7 क) अितम सची जारी करगा rdquo 24 मल िविनयम7 मE िविनयम 36क क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- ldquo36ख समाधान योजना9 क िलए िनवदन36ख समाधान योजना9 क िलए िनवदन36ख समाधान योजना9 क िलए िनवदन36ख समाधान योजना9 क िलए िनवदन (1) समाधान ltावसाियक िविनयम 36क क उप-िविनयम (10) क अधीन अनितम सची जारी कए जान क पाच दन क भीतर ndash (क) अनितम सची मE 4Xयक भावी समाधान आवदक को और

8 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (ख) ऐस 4Xयक भावी समाधान आवदक को िजसन अनितम सची मE उसका समावश न करन क िवnY समाधान ltावसाियक क िविनGय का िवरोध कया ह सचना xापन और मयाकन मlaस सिहत समाधान योजनाH क िलए एक िनवदन जारी करगा (2) समाधान योजनाH क िनवदन मE 4=या क 4Xयक चरण और समाधान ltावसाियक और भावी समाधान आवदक क बीच चचा क) रीित और 4योजन का िववरण तOनRप समयसीमा सिहत दया जाएगा (3) समाधान योजनाH क िनवदन मE भावी समाधान आवदक7 को समाधान योजना (योजनाए) 4Lतत करन क िलए कम स कम तीस दन अनxात कए जाएग (4) समाधान योजनाH क िनवदन मE समाधान योजना 4Lतत करन या उसक साथ सलt करन क िलए कसी अ4ितदय िनप क) अपा नहZ क) जाएगी (5) उप-िविनयम (1) क अधीन जारी समाधान योजना क िनवदन या मयाकन मlaस मE कसी उपातरण क बार मE उस नए िसर स जारी कया गया समझा जाएगा और वह उप-िविनयम (3) क अधीन समय-सीमा क अmयधीन होगा (6) समाधान ltावसाियक सिमित क अनमोदन स समाधान योजनाए 4Lतत करन क) समयसीमा मE िवLतार कर सकगा (7) समाधान ltावसाियक यद कसी पव वतu िनवदन क 4Xय5र मE 4ाB योजनाए सतोष4द नहZ हN सिमित क अनमोदन स इस शत क अधीन रहत 9ए समाधान योजनाH क िलए एक स अिधक बार िनवदन जारी कर सकगा क वह िनवदन अितम सची मE सभी भावी समाधान आवदक7 को कया जाए परJत उप-िविनयम (3) क उपबध इस उप-िविनयम क अधीन समाधान योजनाए 4Lतत करन क िलए लाग नहZ ह7ग rdquo 25 मल िविनयम7 क िविनयम 37 मE खड (ग) क पGात िनgtिलिखत खड अतःLथािपत कया जाएगा अथा त- ldquo(गक) कारपोरट ऋणी क कJहZ शयर7 को र या असचीबY करना यद लाग होrdquo 26 मल िविनयम7 क िविनयम 38 मE- (क) उप-िविनयम (1) क खड (क) मE ldquoदवािलया समाधान 4=या लागत का भगतानrdquo शPद7 क Lथान पर ldquoदवाला समाधान 4=या लागत का जहा तक वह असद5 ह भगतानrdquo शPद रख जाएग (ख) उप-िविनयम (3) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त- ldquo (3) कसी समाधान योजना स यह 4दiश त होगा क ndash (क) वह ltित=म क कारण को दर करती ह (ख) वह साmय और ltवहाय ह (ग) उसमE उसक 4भावी काया Jवयन क िलए उपबध हN (घ) उसमE अपित अनमोदन7 क िलए और उसक) समय-सीमा क िलए उपबध हN और (ङ) समाधान आवदक समाधान योजना को काया िJवत करन मE सम ह rdquo 27 मल िविनयम7 क िविनयम 39 मE- (क) उप-िविनयम (1) क Lथान पर िनgtिलिखत उप-िविनयम रख जाएग अथा त- ldquo(1) अितम सची मE शािमल कोई भावी समाधान आवदक समाधान ltावसाियक को सिहता और इन िविनयम7 क अनसार तयार समाधान योजना या योजनाए िविनयम 36ख क अधीन समाधान योजनाH क िलए िनवदन मE दए गए समय क भीतर िनgtिलिखत दLतावज़7 सिहत 4Lतत कर सकगा ndash (क) यह कथन करत 9ए एक शपथपD क वह धारा 29क क अधीन समाधान योजनाए 4Lतत करन क िलए पाD ह

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 9 (ख) ऐसा वचनबध क वह िविनयम 38 क उप-िविनयम (1) क अधीन आन वाल 4योजन7 क िलए अपित सीमा तक अितर6 िनिधय7 क िलए उपबध करगा और (ग) भावी समाधान आवदक 3ारा यह वचनबध क समाधान योजना क सबध मE या उसमE दी गई 4Xयक जानकारी और अिभलख सXय और सही ह तथा कसी भी समय िमया जानकारी और अिभलख का पता चलन पर वह कारपोरट दवाला समाधान 4=या मE बन रहन क िलए अपाD हो जाएगा कोई 4ितदय िनप 4ितस~त हो जाएगा और उसक िवnY सिहता क अधीन शािLतक कार वाई लाग होगी (1क) ऐसी समाधान योजना जो उप-िविनयम (1) क उपबध7 का अनपालन नहZ करती ह नामजर कर दी जाएगी rdquo|||| (ख) उप-िविनयम (3) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त---- ldquo(3) सिमित उप-िविनयम (1) क अधीन 4ाB समाधान योजनाH का सव5म समाधान योजना क) पहचान करन क िलए मयाकन मlaस क अनसार यथाथ तः मयाकन करगी और उस ऐसी उपातरण7 सिहत जो वह उिचत समझ अनमोदत कर सकगी परJत सिमित कसी समाधान योजना का अनमोदन करन या उस अLवीकार करन क िलए कारण लखबY करगी rdquo|||| (ग) उप-िविनयम (4) क Lथान पर िनgtिलिखत उप-िविनयम रखा जाएगा अथा त---- ldquo(4) समाधान ltावसाियक सिमित 3ारा अनमोदत समाधान योजना को अनसची क 4Rप ज मE अनपालन 4माणपD सिहत धारा 12 क अधीन कारपोरट दवाला समाधान 4=या को परा करन क) अिधकतम अविध स कम स कम पJwह दन पव Jयायिनणा यक 4ािधकारी को 4Lतत करन का 4यास करगा rdquordquordquordquo 28 मल िविनयम7 मE िविनयम 40 क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- 40क कारपोरट दवाला समाधान या क िलए आदश13 समयकारपोरट दवाला समाधान या क िलए आदश13 समयकारपोरट दवाला समाधान या क िलए आदश13 समयकारपोरट दवाला समाधान या क िलए आदश13 समय----सीमासीमासीमासीमा िनgtिलिखत सारणी मE कारपोरट दवाला समाधान 4=या क िलए इस उपधारणा क आधार पर आदश समय-सीमा दी गई ह क अतरम समाधान ltावसाियक क) िनयि6 4=या क 4ारभ होन क) तारीख को कर दी जाती ह और उपलPध समय एक सौ अLसी दन ह सारणीसारणीसारणीसारणी धारािविनयम याकलाप का वणन मानक अतन समय-सीमा धारा 16(1) कारपोरट दवाला समाधान या का ारभ और अतरम समाधान ावसाियक क िनयि टी िविनयम 16(1) दाव आमित करत $ए सावजिनक उ(ोषणा अतरम समाधान ावसाियक क िनयि क 3 दन क भीतर टी+3 धारा 15(1)(ग) िविनयम 6(2)(ग) और 12(1) दाव का -तत कया जाना अतरम समाधान ावसाियक क िनयि स 14 दन क िलए टी+14 िविनयम 12(2) दाव का -तत कया जाना ारभ स 90 दन तक टी+90 िविनयम 13(1) िविनयम 12(1) क अधीन ा5 दाव का स6यापन दाव क ाि5 क 7 दन क भीतर टी+21 िविनयम 13(2) िविनयम 12(2) क अधीन ा5 दाव का स6यापन टी+97 धारा 21(6क)(ख) िविनयम 16क ािधकत ितिनिध क िनयि क िलए आवदन िविनयम 12(1) क अधीन ा5 दाव क स6यापन स 2 दन क भीतर टी+23 िविनयम 17(1) लनदार क सिमित का गठन मािणत करन वाली रपोट टी+23 धारा 22(1) िविनयम 19(1) लनदार क सिमित क पहली बठक लनदार क सिमित क गठन क 7 दन क भीतर कgtत सात दन क सचना सिहत टी+30

10 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] धारा 22(2) लनदार क सिमित Aारा समाधान ावसाियक िनय करन का -ताव लनदार क सिमित क पहली बठक मB टी+30 धारा 16(5) समाधान ावसाियक क िनयि gtयायिनणायक ािधकारी Aारा अनमोदन पर िविनयम 17(3) अतरम समाधान ावसाियक तब तक समाधान ावसाियक क क6य का पालन करता ह जब तक समाधान ावसाियक क िनयि नहC हो जाती यद समाधान ावसाियक क िनयि या ारभ होन क 40वB दन तक नहC क जाती ह टी+40 िविनयम 27 मEयाकक क िनयि समाधान ावसाियक क िनयि क 7 दन क भीतर कgtत या क ारभ होन क 40वB दन क अपFात टी+47 धारा 12(क) िविनयम 30क -वीकत आवदन क वापसी क िलए आवदन -तत कया जाना Hिच क अिभि जारी करन स पव डJEय लनदार क सिमित Aारा आवदन का िनपटारा उसक ाि5 क 7 दन या लनदार क सिमित क गठन क 7 दन क भीतर इनमB स जो भी पFा6वतM हो डJEय+7 समाधान ावसाियक Aारा gtयायिनणायक ािधकारी को वापसी क िलए आवदन फाइल करना यद लनदार क सिमित Aारा 90 ितशत ब$मत क मतदान Aारा अनमोदत कया जाता ह लनदार क सिमित Aारा अनमोदन क तीन दन क भीतर डJEय+10 िविनयम 35क समाधान ावसाियक Aारा अिधमानी और अgtय सवहार क बार मB राय बनाना या ारभ होन क 75 दन क भीतर टी+75 समाधान ावसाियक Aारा अिधमानी और अgtय सवहार क बार मB अवधारण करना या ारभ होन क 115 दन क भीतर टी+115 समाधान ावसाियक Aारा gtयायिनणायक ािधकारी को समिचत अनतोष क िलए आवदन फाइल करना या ारभ होन क 135 दन क भीतर टी+135 िविनयम 36(1) लनदार क सिमित को सचना Qापन -तत करना समाधान ावसाियक क िनयि क दो स5ाह क भीतर कgtत या ारभ होन क 54वB दन क अपFात टी+54 िविनयम 36क Hप छ कािशत करना या ारभ होन क 75 दन क भीतर टी+75 Hिच क अिभि का आमण Hिच क अिभि -तत करन का आमण Hिच क अिभि जारी करन स कम स कम 15 दन (मान लीिजए 15 दन) टी+90 समाधान ावसाियक Aारा समाधान आवदक क अनितम सची Hिच क अिभि ा5 होन क अितम दन स 10 दन क भीतर टी+100 अनितम सची क सबध मB आSप -तत करना अनितम सची क तारीख स 5 दन क िलए टी+105 समाधान ावसाियक Aारा समाधान आवदक क अितम सची आSप ा5 होन क 10 दन क भीतर टी+115 समाधान योजना क िलए िनवदन जारी करना िजसमB मEयाकन मUVस और सचना Qापन भी ह अनितम सची जारी करन स 5 दन क भीतर टी+105

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 11 िविनयम 36ख समाधान योजनाW क ाि5 समाधान योजना क िलए िनवदन जारी करन स कम स कम 30 दन (मान लीिजए 30 दन) टी+135 िविनयम 39(4) लनदार क सिमित Aारा अनमोदन समाधान योजना का gtयायिनणायक ािधकारी को -तत कया जाना जस ही लनदार क सिमित Aारा अनमोदन कर दया जाता ह टी+165 धारा 31(1) gtयायिनणायक ािधकारी Aारा समाधान योजना का अनमोदन टी+180 29 मल िविनयम7 क) अनसची मE- (क) 4Rप क क Lथान पर िनgtिलिखत 4Rप रख जाएग अथा त- 3333प कप कप कप क साव13जिनक घोषणासाव13जिनक घोषणासाव13जिनक घोषणासाव13जिनक घोषणा [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 6 क अधीन] (कारपोरट ऋणी का नाम) क लनदार7 क mयानाकष ण क िलए ससगत िविशि|या 1 कारपोरट ऋणी का नाम 2 कारपोरट ऋणी क िनगमन क) तारीख 3 वह 4ािधकार िजसक अधीन कारपोरट ऋणी िनगिमतरिजLlीकत ह 4 कारपोरट पहचान स कारपोरट ऋणी का सीिमत दाियXव पहचान स]याक 5 कारपोरट ऋणी क रिजLlीकत काया लय और 4धान काया लय (यद कोई ह) का पता 6 कारपोरट ऋणी क) बाबत दवाला 4=या 4ारभ होन क) तारीख 7 दवाला समाधान 4=या क समाB होन क) 4ाsिलत तारीख 8 अतरम समाधान ltावसाियक क Rप मE काय करन वाल दवाला ltावसाियक का नाम और रिजLlीकरण स]याक 9 अतरम समाधान ltावसाियक का बोड क पास रिजLlीकत पता और ई-मल 10 अतरम समाधान ltावसाियक क साथ पD-ltवहार क िलए 4य6 पता और ई-मल 11 दाव 4Lतत करन क) अितम तारीख 12 अतरम समाधान ltावसाियक 3ारा अिभिनिGत धारा 21 क) उपधारा (6क) क) खड (ख) क अधीन लनदार7 क वग यद कोई हN वग (वगW) क नाम 13 कसी वग मE लनदार7 क 4ािधकत 4ितिनिधय7 क Rप मE काय करन क िलए अिभलित दवाला ltावसाियक7 क नाम 1 2 14 (क) ससगत 4Rप और (ख) 4ािधकत 4ितिनिधय7 क Pयौर यहा उपलPध हN वब oलक वाLतिवक पता यह सचना दी जाती ह क राीय कपनी िविध अिधकरण न (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या (दवाला 4=या 4ारभ होन क) तारीख) को 4ारभ करन का आदश दया ह

12 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (कारपोरट ऋणी का नाम) क लनदार7 स अतरम समाधान ltावसाियक को 4िवि| स 10 क सामन उिलिखत पत पर (अितम समाधान ltावसाियक क) िनयि6 स चौदह दन क भीतर आऩ वाली तारीख अतःLथािपत करE) को या उसस पव सबत सिहत अपन दाव 4Lतत करन क) अपा क) जाती ह िव5ीय लनदार सबत सिहत अपन दाव कवल इलaटािनक माmयम7 स 4Lतत करEग अJय सभी लनदार सबत सिहत अपन दाव ltि6गत Rप स डाक 3ारा या इलalािनक माmयम7 स 4Lतत कर सकत हN 4िवि| स 12 क सामन सचीबY कसी वग का कोई िव5ीय लनदार 4िवि| स 13 क सामन सचीबY तीन दवाला ltावसाियक7 मE स उस वग (वग िविनद | करE) क 4ािधकत 4ितिनिध क Rप मE काय करन क िलए अपनी पसJद 4Rप गक मE उपदiश त करगा दाव क िमया या ामक सबत 4Lतत करन पर शािLतया लाग ह7गी अतरम समाधान ltावसाियक का नाम और हLतार तारीख और Lथान 3प कक3प कक3प कक3प कक [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 3(1क) क अधीन] (तारीख) 4षक (दवाला ltावसाियक का नाम) (दवाला ltावसाियक का रिजLlीकरण स]याक) बोड क पास रिजLlीकत दवाला ltावसाियक का पता) सवा मE लनदार7 क) सिमित (कारपोरट ऋणी का नाम) िवषयिवषयिवषयिवषय समाधान ावसाियक क 3प म( काय13 करन क- िलिखत सहमित समाधान ावसाियक क 3प म( काय13 करन क- िलिखत सहमित समाधान ावसाियक क 3प म( काय13 करन क- िलिखत सहमित समाधान ावसाियक क 3प म( काय13 करन क- िलिखत सहमित मN (नाम) (दवाला ltावसाियक सLथा का नाम) क पास नामाकत और बोड क पास रिजLlीकत दवाला ltावसाियक यह नोट करता क सिमित का मझ (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या क िलए सिहता क) धारा 22(3)(क)22(3)(ख)27(2) क अधीन समाधान ltावसाियक क Rप मE िनय6 करन का 4Lताव ह 2 मN भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 3(1क) क अनसार 4Lतािवत िनयि6 क िलए अपनी सहमित दता 3 मN िनgt 4कार घोषणा और 4ितxान करता - क मN बोड क पास एक दवाला ltावसाियक क Rप मE रिजLlीकत ख मN बोड या दवाला ltावसाियक सLथा 3ारा सिLथत कसी अनशासनाXमक काय वाही क अmयधीन नहZ ग मN समाधान ltावसाियक क Rप मE काय करन सबधी कसी िनःश6ता स zLत नहZ घ मN िविनयम 3 और सिहता और िविनयम7 क अJय लाग उपबध7 क अधीन कारपोरट ऋणी क समाधान ltावसाियक क Rप मE िनय6 कए जान का पाD

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 13 ङ मN भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 मE यथा-उपवiण त दवाला ltावसाियक7 क िलए आचार सिहता क अनसार 4कटन कRगा च इस समय मर पास िनgtिलिखत 4=याए हN =म स भिमका सहमित क) तारीख को 4=याH क) स]या 1 अतरम समाधान ltावसाियक 2 क कारपोरट ऋिणय7 ख ltि|य7 का समाधान ltावसाियक 3 क समापन 4=याH ख Lव[छया समापन 4=याH का परसमापक 4 शोधन-अमता Jयासी 5 4ािधकत 4ितिनिध 6 कोई अJय (कपया वण न करE) तारीख (दवाला ltावसाियक क हLतार) Lथान रिजLlीकरण स]याक 3प कख3प कख3प कख3प कख [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 4क(3) क अधीन] ािधकत ितिनिध क 3प म( काय13 करन क िलए िलिखत सहमितािधकत ितिनिध क 3प म( काय13 करन क िलए िलिखत सहमितािधकत ितिनिध क 3प म( काय13 करन क िलए िलिखत सहमितािधकत ितिनिध क 3प म( काय13 करन क िलए िलिखत सहमित (तारीख) 4षक (दवाला ltावसाियक का नाम) (दवाला ltावसाियक का रिजLlीकरण स]याक) बोड क पास रिजLlीकत दवाला ltावसाियक का पता) सवा मE अतरम समाधान ltावसाियक (कारपोरट ऋणी का नाम) िवषयिवषयिवषयिवषय ािधकत ितिनिध क 3प म( काय13 करन क- िलिखत सहमित ािधकत ितिनिध क 3प म( काय13 करन क- िलिखत सहमित ािधकत ितिनिध क 3प म( काय13 करन क- िलिखत सहमित ािधकत ितिनिध क 3प म( काय13 करन क- िलिखत सहमित मN (नाम) (दवाला ltावसाियक सLथा का नाम) क पास नामाकत और बोड क पास रिजLlीकत दवाला ltावसाियक यह नोट करता क आपन मझ (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या क िलए (वग िविनद | करE) वग मE िव5ीय लनदार7 क 4ािधकत 4ितिनिध क Rप मE िनय6 करन का 4Lताव कया ह

14 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] 2 मN भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 4(क) क अनसार 4Lतािवत िनयि6 क िलए अपनी सहमित दता 3 मN िनgt 4कार घोषणा और 4ितxान करता - क मN बोड क पास एक दवाला ltावसाियक क Rप मE रिजLlीकत ख मN बोड या दवाला ltावसाियक सLथा 3ारा सिLथत कसी अनशासनाXमक काय वाही क अmयधीन नहZ ग मN समाधान ltावसाियक क Rप मE काय करन सबधी कसी िनःश6ता स zLत नहZ घ मN लनदार7 स 4Rप चक मE मर प मE अपनी पसJद उपदiश त करन क िलए याचना नहZ कRगा ङ इस समय मर पास िनgtिलिखत 4=याए हN =म स भिमका 4=याH क) स]या सहमित क) तारीख को 1 अतरम समाधान ltावसाियक 2 क कारपोरट ऋिणय7 ख ltि|य7 का समाधान ltावसाियक 3 क समापन 4=याH ख Lव[छया समापन 4=याH का परसमापक 4 शोधन-अमता Jयासी 5 4ािधकत 4ितिनिध 6 कोई अJय (कपया वण न करE) तारीख (दवाला ltावसाियक क हLतार) Lथान रिजLlीकरण स]याक (ख) 4Rप ग क Lथान पर िनgtिलिखत 4Rप अतःLथािपत कए जाएग अथा त- ldquoldquoldquoldquo3प ग3प ग3प ग3प ग िव=ीय लनदार )ारा दावा िव=ीय लनदार )ारा दावा िव=ीय लनदार )ारा दावा िव=ीय लनदार )ारा दावा तत करनातत करनातत करनातत करना [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 8 क अधीन] (तारीख) 4षक (िव5ीय लनदार का नाम और पता िजसक अतग त रिजLlीकत काया लय और 4धान काया लय का पता भी ह) सवा मE (साव जिनक उद घोषणा मE यथा-उपवiण त पता) अतरम समाधान ltावसाियकसमाधान ltावसाियक (अतरम समाधान ltावसाियकसमाधान ltावसाियक का नाम)

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 15 िवषयिवषयिवषयिवषय दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना महोदयमहोदयमहोदयमहोदयमहोदयामहोदयामहोदयामहोदया (िव5ीय लनदार का नाम) (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या क) बाबत यह दावा 4Lतत करता ह इसका िववरण नीच उपवiण त कया जाता ह ससगत िविशि|या 1 िव5ीय लनदार का नाम 2 िव5ीय लनदार का पहचान स]याक (यद कोई िनगिमत िनकाय ह तो पहचान स]याक और िनगमन का सबत दE यद कोई भागीदारी फम या ltि| ह तो सभी भागीदार7 या ltि| क पहचान अिभलख दE) 3 पD-ltवहार क िलए िव5ीय लनदार का पता और ई-मल पता 4 दाव क) कल रकम (nपय7 मE) 5 उन दLतावज़7 क Pयौर िजनक 4ित िनदeश करक ऋण िसY कया जा सकता ह 6 इस सबध मE Pयौर क ऋण कब और कस उपगत 9आ 7 कारपोरट ऋणी और लनदार क बीच कसी पारLपरक 4Xयय पारLपरक ऋण या अJय पारLपरक ltवहार7 क Pयौर िजनका दाव क मY समायोजन कया जा सकता ह 8 धारत कसी 4ितभित क Pयौर 4ितभित का मय और वह तारीख जब वह दी गई थी 9 बNक खात का Pयौरा िजसमE कसी समाधान योजना क अनसरण मE दाव या उसक कसी भाग क) रकम अतरत क) जा सकती ह 10 िव5ीय लनदार को दय दाव क) िवbमानता और असदाय सािबत करन क) दि| स इस दाव मE सलt दLतावज़7 क) सची िव5ीय लनदार या उसक) ओर स काय करन क िलए 4ािधकत ltि6 क हLतार (कपया 4ािधकार-पD सलt करE यद यह िव5ीय लनदार7 क) ओर स 4Lतत कया जा रहा ह) नाम Lप| अर7 मE लनदार क साथ िLथित या सबध हLतार करन वाल ltि6 का पता पन न पासपोट आधार काड या भारत क िनवा चन आयोग 3ारा जारी पहचान पD घोषणाघोषणाघोषणाघोषणा मN (दावाकता का नाम) वत मान िनवासी(पता अतःLथािपत करE) यह घोषणा और कथन करता - 1 (कारपोरट ऋणी का नाम) कारपोरट ऋणी दवाला 4=या 4ारभ होन क) तारीख को जो क20 ह वाLतव मE nपए (दाव क) रकम भरE) क) रािश क िलए मरा ऋणी ह 2 मन उ6 धनरािश या उसक कसी भाग क मर दाव क) बाबत नीच िविनद | दLतावज़7 का अवलब िलया ह (कपया दाव क साgयLवRप अवलब िलए गए दLतावज़7 क) सची दE) 3 उ6 दLतावज़ मर सव5म xान जानकारी और िवास क अनसार सही िविधमाJय और असली हN और उनमE स कोई तािXवक तय िछपाए नहZ गए हN

16 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] 4 मन और मर आदश स कसी ltि6 न मर xान या िवास क अनसार उ6 रािश या उसक कसी भाग क) बाबत मर उपयोग क िलए कसी भी रीित मE िनgtिलिखत क िसवाय कसी भी 4कार क) ति| या 4ितभित नहZ क) ह या 4ाB नहZ क) ह [कपया कसी पारLपरक जमा पारLपरक ऋण या कारपोरट ऋणी और लनदार क बीच अJय पारLपरक सltवहार7 क PयौरE दE िजनका दाव क मY समायोजन कया जा सक ] 5 मN सिहता क) धारा 5(24) क अधीन यथा-परभािषत कारपोरट ऋणीउसक सबध मE सबY पकार नहZ 6 मN सिहता क) धारा 21(2) क परJतक क आधार पर लनदार7 क) सिमित मE 4वश करन का पाD यbिप मN कारपोरट ऋणी स सबY पकार तारीख Lथान (दावाकता क हLतार) सयापनसयापनसयापनसयापन मN [नाम] इसमE इसक ऊपर दावाकता एतद 3ारा यह सXयापन करता क दाव क इस सबत क) अतव Lतए मरी जानकारी और िवास क अनसार सही और ठीक हN तथा कोई भी तािXवक तय िछपाया नहZ गया ह 20 को सXयािपत (दावाकता क हLतार) [टrपण कपनी या सीिमत दाियXव भागीदारी क) दशा मE घोषणा और सXयापन िनदशक4बधकसिचव 3ारा और अJय सLथाH क) दशा मE सLथा 3ारा इस 4योजनाथ 4ािधकत कसी अिधकारी 3ारा कया जाएगा] 3प गक3प गक3प गक3प गक कसी वग13 म( िव=ीय लनदार )ारा दावा तत करनाकसी वग13 म( िव=ीय लनदार )ारा दावा तत करनाकसी वग13 म( िव=ीय लनदार )ारा दावा तत करनाकसी वग13 म( िव=ीय लनदार )ारा दावा तत करना [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 8क क अधीन] (तारीख) 4षक (िव5ीय लनदार का नाम और पता िजसक अतग त रिजLlीकत काया लय और 4धान काया लय का पता भी ह) सवा मE (साव जिनक उद घोषणा मE यथा-उपवiण त पता) अतरम समाधान ltावसाियकसमाधान ltावसाियक (अतरम समाधान ltावसाियकसमाधान ltावसाियक का नाम) िवषयिवषयिवषयिवषय दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना दावा और दाव का सबत तत करना महोदयमहोदयमहोदयमहोदयमहोदयामहोदयामहोदयामहोदया (िव5ीय लनदार का नाम) (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या क) बाबत यह दावा 4Lतत करता ह इसका िववरण नीच उपवiण त कया जाता ह ससगत िविशि|या

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 17 1 िव5ीय लनदार का नाम 2 िव5ीय लनदार का पहचान स]याक (यद कोई िनगिमत िनकाय ह तो पहचान स]याक और िनगमन का सबत दE यद कोई भागीदारी फम या ltि| ह तो सभी भागीदार7 या ltि| क पहचान अिभलख दE) इस 4योजनाथ पहचान अिभलख क अतग त आयकर Lथायी खाता स (पन) आधार या भारत क िनवा चन आयोग 3ारा जारी पहचान पD शािमल ह

3 पD-ltवहार क िलए िव5ीय लनदार का पता और ई-मल पता 4 दाव क) कल रकम (िजसक अतग त दवाला 4=या 4ारभ होन क) तारीख को कोई Pयाज भी ह) 5 उन दLतावज़7 क Pयौर िजनक 4ित िनदeश करक ऋण िसY कया जा सकता ह 6 इस सबध मE Pयौर क ऋण कब और कस उपगत 9आ 7 कारपोरट ऋणी और लनदार क बीच कसी पारLपरक 4Xयय पारLपरक ऋण या अJय पारLपरक ltवहार7 क Pयौर िजनका दाव क मY समायोजन कया जा सकता ह 8 धारत कसी 4ितभित क Pयौर 4ितभित का मय और वह तारीख जब वह दी गई थी 9 बNक खात का Pयौरा िजसमE कसी समाधान योजना क अनसरण मE दाव या उसक कसी भाग क) रकम अतरत क) जा सकती ह 10 िव5ीय लनदार को दय दाव क) िवbमानता और असदाय सािबत करन क) दि| स इस दाव मE सलt दLतावज़7 क) सची 11 उस दवाला ltावसाियक का नाम जो वग क लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करगा (िव5ीय लनदार या उसक) ओर स काय करन क िलए 4ािधकत ltि6 क हLतार) नाम Lप| अर7 मE लनदार क साथ िLथित या सबध हLतार करन वाल ltि6 का पता पन न पासपोट आधार काड या भारत क िनवा चन आयोग 3ारा जारी पहचान पD घोषणाघोषणाघोषणाघोषणा मN (दावाकता का नाम) वत मान िनवासी(पता अतःLथािपत करE) यह घोषणा और कथन करता - 1 (कारपोरट ऋणी का नाम) कारपोरट ऋणी दवाला 4=या 4ारभ होन क) तारीख को जो क20 ह वाLतव मE nपए (दाव क) रकम भरE) क) रािश क िलए मरा ऋणी ह 2 मन उ6 धनरािश या उसक कसी भाग क मर दाव क) बाबत नीच िविनद | दLतावज़7 का अवलब िलया ह (कपया दाव क साgयLवRप अवलब िलए गए दLतावज़7 क) सची दE) 3 उ6 दLतावज़ मर सव5म xान जानकारी और िवास क अनसार सही िविधमाJय और असली हN और उनमE स कोई तािXवक तय िछपाए नहZ गए हN 4 मन और मर आदश स कसी ltि6 न मर xान या िवास क अनसार उ6 रािश या उसक कसी भाग क) बाबत मर उपयोग क िलए कसी भी रीित मE िनgtिलिखत क िसवाय कसी भी 4कार क) ति| या 4ितभित नहZ क) ह या 4ाB नहZ क) ह

18 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] [कपया कसी पारLपरक जमा पारLपरक ऋण या कारपोरट ऋणी और लनदार क बीच अJय पारLपरक सltवहार7 क PयौरE दE िजनका दाव क मY समायोजन कया जा सक ] 5 मN सिहता क) धारा 5(24) क अधीन यथा-परभािषत कारपोरट ऋणीउसक सबध मE सबY पकार नहZ 6 मN सिहता क) धारा 21(2) क परJतक क आधार पर लनदार7 क) सिमित मE 4वश करन का पाD यbिप मN कारपोरट ऋणी स सबY पकार तारीख Lथान (दावाकता क हLतार) सयापनसयापनसयापनसयापन मN [नाम] इसमE इसक ऊपर दावाकता एतद 3ारा यह सXयापन करता क दाव क इस सबत क) अतव Lतए मरी जानकारी और िवास क अनसार सही और ठीक हN तथा कोई भी तािXवक तय िछपाया नहZ गया ह 20 को सXयािपत (दावाकता क हLतार) [टrपण कपनी या सीिमत दाियXव भागीदारी क) दशा मE घोषणा और सXयापन िनदशक4बधकसिचव 3ारा और अJय सLथाH क) दशा मE सLथा 3ारा इस 4योजनाथ 4ािधकत कसी अिधकारी 3ारा कया जाएगा]rdquo (ग) 4Rप च क पGात िनgtिलिखत 4Rप अतःLथािपत कया जाएगा अथा त- ldquoldquoldquoldquo3प चक3प चक3प चक3प चक कारपोरट दवाला समाधान या वापस लन क िलए आवदनकारपोरट दवाला समाधान या वापस लन क िलए आवदनकारपोरट दवाला समाधान या वापस लन क िलए आवदनकारपोरट दवाला समाधान या वापस लन क िलए आवदन [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 30क क अधीन] (तारीख) सवा मE Jयायिनणा यक 4ािधकारी (अतरम समाधान ltावसाियकसमाधान ltावसाियक क माmयम स) (कारपोरट ऋणी का नाम) िवषयिवषयिवषयिवषय (कारपो(कारपो(कारपो(कारपोरट ऋणी का नाम) क- कारपोरट दवाला समाधान या क िलए वीकत आवदन क- वापसी रट ऋणी का नाम) क- कारपोरट दवाला समाधान या क िलए वीकत आवदन क- वापसी रट ऋणी का नाम) क- कारपोरट दवाला समाधान या क िलए वीकत आवदन क- वापसी रट ऋणी का नाम) क- कारपोरट दवाला समाधान या क िलए वीकत आवदन क- वापसी मन (आवदक का नाम) दवाला और शोधन अमता सिहता 2016 क) धारा 7धारा 9धारा 10 क अधीन Jयायिनणा यक 4ािधकारी क सम(फाइल करन क) तारीख) को (आवदन क) िविशि|या अथा त डायरी सकपनी यािचका स) फाइल कया था उ6 आवदन Jयायिनणा यक 4ािधकारी 3ारा (तारीख) को (मामला स) क Rप मE zहण कर िलया गया था 2 मN दवाला और शोधन अमता सिहता 2016 क) धारा 7धारा 9धारा 10 क अधीन Jयायिनणा यक 4ािधकारी क सम(आवदन क) िविशि|या अथा त डायरी सकपनी यािचका स) को वापस लता 3 मN लनदार7 क) सिमित स यह अनरोध करता क वापसी क िलए मरा आवदन अनमोदत करE 4 मN समाधान ltावसाियक को अपनी ओर स समाधान ltावसाियक को वापसी क िलए यह आवदन Jयायिनणा यक 4ािधकारी क सम फाइल करन क िलए 4ािधकत करता यद लनदार7 क) सिमित 3ारा 90 4ितशत मतदान शि6 क साथ इसका अनमोदन कर दया जाता ह

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 19 5 मN िविनयम 31(ग) और (घ) क 4योजन7 क िलए आवदन क) तारीख तक उपगत 4ाsिलत लागत मY अपित बNक गारटी सलt करता (आवदक क हLतार) तारीख Lथान [टrपण कपनी या सीिमत दाियXव भागीदारी क) दशा मE घोषणा और सXयापन िनदशक4बधकसिचव 3ारा और अJय सLथाH क) दशा मE सLथा 3ारा इस 4योजनाथ 4ािधकत कसी अिधकारी 3ारा कया जाएगा]rdquo (घ) 4Rप छ क Lथान पर िनgtिलिखत 4Rप रखा जाएगा अथा त- ldquoldquoldquoldquo3प छ3प छ3प छ3प छ 3िच क- अिभि क िलए आम6ण3िच क- अिभि क िलए आम6ण3िच क- अिभि क िलए आम6ण3िच क- अिभि क िलए आम6ण [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 36क(1) क अधीन] ससगत िवि+याससगत िवि+याससगत िवि+याससगत िवि+या 1 िनगिमत ऋणी का नाम 2 िनगिमत ऋणी क िनगमन क) तारीख 3 वह 4ािधकारी िजसक अधीन िनगिमत ऋणी िनगिमत रिजLlीकत ह 4 िनगिमत ऋणी का िनगमन पहचान स]याकसीिमत दाियXव पहचान स]याक 5 िनगिमत ऋणी क रिजLlीकत काया लय और 4धान काया लय (यद कोई ह) का पता 6 िनगिमत ऋणी क) बाबत दवाला 4=या 4ारभ होन क) तारीख 7 Rिच क) अिभltि6 क आमDण क) तारीख 8 सिहता क) धारा 25(2)(ज) क अधीन समाधान आवदक7 क) पाDता कहा उपलPध ह 9 धारा 29क क अधीन लाग अपाDता क मानदड कहा उपलPध हN 10 Rिच क) अिभltि6 4ाB करन क) अितम तारीख 11 भावी समाधान आवदक7 क) अनितम सची जारी करन क) तारीख 12 अनितम सची क सबध मE आप 4Lतत करन क) अितम तारीख 13 भावी समाधान आवदक7 क) अितम सची जारी करन क) तारीख 14 भावी समाधान आवदक7 को सचना xापन मयाक मlaस और समाधान योजनाH क िलए िनवदन जारी करन क) तारीख 15 समाधान योजना क िलए िनवदन मयाकन मlaस सचना xापन और अितर6 जानकारी 4ाB करन क) रीित 16 समाधान योजनाए 4Lतत करन क) अितम तारीख 17 समाधान ltावसाियक को समाधान योजनाए 4Lतत करन क) रीित 18 Jयायिनणा यक 4ािधकारी को अनमोदन क िलए समाधान योजना 4Lतत करन क) 4ाsिलत तारीख 19 समाधान ltावसाियक का नाम और रिजLlीकरण स]याक 20 बोड क पास रिजLlीकत समाधान ltावसाियक का नाम पता और ईमल

20 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] 21 समाधान ltावसाियक क साथ पD-ltवहार क िलए 4योग मE लाया जान वाला पता और ईमल 22 अितर6 िववरण कहा और कसक पास उपलPध ह 23 4Rप छ क 4काशन क) तारीख समाधान ltावसाियक क हLतार समाधान ltावसाियक का रिजLlीकरण स]याक समाधान ltावसाियक का रिजLlीकत पता (कारपोरट ऋणी का नाम) क) ओर स (तारीख और Lथान) 3प ज3प ज3प ज3प ज अनपालन माणप6अनपालन माणप6अनपालन माणप6अनपालन माणप6 [भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 क िविनयम 39(4) क अधीन] मN ( समाधान ltावसाियक का नाम) (दवाला ltावसाियक सLथा का नाम) क पास नामाकत और बोड क पास रिजLlीकरण स]याक( रिजLlीकरण स]याक) स रिजLlीकत दवाला ltावसाियक (कारपोरट ऋणी का नाम) क) कारपोरट दवाला समाधान 4=या क िलए समाधान ltावसाियक 2 कारपोरट दवाला समाधान 4=या का िववरण िनgt 4कार ह म सम सम सम स िविशि+यािविशि+यािविशि+यािविशि+या िववरणिववरणिववरणिववरण 1 कारपोरट ऋणी का नाम 2 कारपोरट दवाला समाधान 4=या आरभ करन क) तारीख 3 अतरम समाधान ltावसाियक िनय6 करन क) तारीख 4 साव जिनक उhोषणा क 4काशन क) तारीख 5 लनदार7 क) सिमित क गठन क) तारीख 6 लनदार7 क) पहली बठक क) तारीख 7 समाधान ltावसाियक क) िनयि6 क) तारीख 8 रिजLlीकत मयाकक क) िनयि6 क) तारीख 9 Rिच क) अिभltि6 का आमDण जारी करन क) तारीख 10 पाD भावी समाधान आवदक7 क) अितम सची क) तारीख 11 समाधान योजना क आमDण तारीख 12 समाधान योजना 4Lतत करन क) अितम तारीख 13 लनदार7 क) सिमित 3ारा समाधान योजना क अनमोदन क) तारीख 14 Jयायिनणा यक 4ािधकारी क सम समाधान योजना फाइल करन क) तारीख 15 कारपोरट दवाला समाधान 4=या क 180 दन समाB होन क) तारीख

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 21 16 कारपोरट दवाला समाधान 4=या क) अविध बढ़ान वाल आदश क) तारीख 17 कारपोरट दवाला समाधान 4=या क) बढ़ाई गई अविध क समाB होन क) तारीख 18 उिचत मय 19 समापन मय 20 लनदार7 क) सिमित क) आयोिजत बठक7 क) स]या 3 मNन समाधान आवदक (मसस ) क) ओर स 4ाB और (कारपोरट ऋणी का नाम) क लनदार7 क) सिमित 3ारा अनमोदत समाधान योजना क) परीा क) ह 4 मN यह 4मािणत करता क ndash (i) उ6 समाधान योजना दवाला और शोधन अमता सिहता 2016(सिहता) और भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 (सीआईआरपी िविनयम) क समLत उपबध7 का अनपालन करती ह और यह तXसमय 4व5 िविध क कसी भी उपबध का उलघन नहZ करती ह (ii) समाधान आवदक (मसस ) न सिहता क) धारा 30(1) क अनसरण मE एक शपथपD 4Lतत कया ह िजसक 3ारा समाधान योजना 4Lतत करन सबधी सिहता क) धारा 29क क अधीन उसक) पाDता को 4मािणत कया गया ह उ6 शपथपD क) अतव Lत सही ह (iii) उ6 समाधान योजना का लनदार7 क) सिमित 3ारा सिहता और उसक अधीन बनाए गए सीआईआरपी िविनयम7 क उपबध7 क अनसार अनमोदन कर दया गया ह समाधान योजना सीआईआरपी िविनयम7 3ारा िविनद | साmयता और ltवहाय ता और अJय अपाH पर िवचार करन क पGात िव5ीय लनदार7 क 4ितशत (मत7 क) स]या का वण न करE िजसक 3ारा समाधान योजना का लनदार7 क) सिमित 3ारा अनमोदन कया गया ह) मतदान शयर 3ारा अनमोदत क) गई ह (iv) मतदान का आयोजन लनदार7 क) सिमित का (बठक क) तारीख का कथन करE) को 9ई बठक मE कया गया था जहा लनदार7 क) सिमित क समLत सदLय उपिLथत थ या मन इलalािनक मतदान पYित 3ारा लनदार7 क) सिमित क सदLय7 स मतदान क) ईrसा क) थी जो क िविनयम 26 क अनसार 24 घट क िलए खला रखा गया था ( जो लाग न हो उस काट दीिजए) 5 कारपोरट ऋणी क िव5ीय लनदार7 क) सची (कारपोरट ऋणी क नाम का उलख करE) जो क लनदार7 क) सिमित क सदLय हN और उनक बीच मतदान शयर का िवतरण िनgtिलिखत Rप मE ह- =म स लनदार का नाम मतदान शयर (4ितशत) समाधान योजना क िलए मतदान योजना (प मE मतिवप मE मतअनपिLथत 6 समाधान योजना क अतग त सीआईआरपी िविनयम7 क िविनयम 38(1क) क अधीन इस सबध मE कथन शािमल ह क इसमE सिहता और उसक अधीन बनाए गए िविनयम7 क अनपालन मE सभी िहतधारक7 क िहत7 पर कस 4कार िवचार कया गया ह

22 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] 7 समाधान योजना क अधीन िहतधारक7 क िलए उपबिधत रकम िनgt 4कार हmdash (रकम लाख nपय7 मE) =म स िहतधारक का 4वग दावाकत रकम Lवीकत रकम योजना क अधीन उपबिधत रकम दावाकत रकम क मकाबल दी गई रकम() 1 िवसमत 4ितभत िव5ीय लनदार 2 अJय 4ितभत िव5ीय लनदार 3 िवसमत अ4ितभत िव5ीय लनदार 4 अJय अ4ितभत िव5ीय लनदार 5 4=यागत लनदार सरकार कम कार कम चारी 6 अJय ऋण और दय कल यद कसी 4वग मE उप-4वग हN तो कपया 4Xयक उप-4वग क िलए पि6 जोड़ समाधान योजना क अधीन समय-समय पर दी गई रकम और इसमE गर-नकदी सघटक7 क) 4ाsिलत मय भी शािमल ह यह एनपीवी नहZ ह 8 समाधान योजना 3ारा िवbमान शयरधारक7 क िहत7 मE िनgt 4कार परवत न 9आ ह =म स शयरधारक का 4वग सीआईआरपी स पव धारत शयर7 क) स]या सीआईआरपी क पGात धारत शयर7 क) स]या सीआईआरपी स पव धारत मतदान शयर () सीआईआरपी क पGात धारत मतदान शयर() 1 साधारण पजी 2 अिधमान 3 9 समाधान योजना का अनपालन िनgt 4कार हmdash सिहता क) धारा िविनयम स समाधान योजना क) बाबत अपा समाधान योजना का खड अनपालन (हानहZ) 25(2)(ज) aया समाधान आवदक कारपोरट ऋणी क कारबार क) जटलता और 4चालन क Lतर को mयान मE रखत 9ए लनदार7 क) सिमित 3ारा अनमोदत मानदड7 को परा करता ह धारा 29क aया समाधान आवदक समाधान ltावसाियक क) अितम सची या Jयायिनणा यक 4ािधकारी क आदश यद कोई ह क अनसार समाधान योजना 4Lतत करन क िलए पाD ह

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 23 धारा 30(1) aया समाधान आवदक न यह कथन करत 9ए कोई शपथपD 4Lतत कया ह क वह पाD ह धारा 30(2) aया समाधान योजना मE (क) दवाला समाधान 4=या क) लागत क सदाय क िलए उपबध ह (ख) 4=यागत लनदार7 क ऋण7 क सदाय क िलए उपबध ह (ग) कारपोरट ऋणी क कामकाज क 4बधन क िलए उपबध ह (घ) समाधान योजना क काया Jवयन और पय वण क िलए उपबध ह (ङ) तXसमय 4व5 कसी िविध क उपबध7 का उलघन कया गया ह

धारा 30(4) aया समाधान योजना (क) लनदार7 क) सिमित क अनसार साmय और ltवहाय ह (ख) लनदार7 क) सिमित 3ारा 66 4ितशत मतदान शयर सिहत अनमोदत ह धारा 31(1) aया समाधान योजना मE लनदार7 क) सिमित क अनसार उसक) 4भावी काया Jवयन योजना क िलए उपबध हN िविनयम 35क aया समाधान ltावसाियक न दवाला 4=या 4ारभ होन क) तारीख स एक सौ पJwहवE दन स पव बोड को सिचत करत 9ए यह अवधारण कया ह क यद कारपोरट ऋणी धारा 43 45 50 या 66 क अतग त आन वाली 4कित क कसी सltवहार क अmयधीन रहा ह िविनयम 38(1) aया समाधान योजना मE िनिधय7 क ऐस िविनद | ोत7 क) पहचान क) गई ह िजनका उपयोग िनgtिलिखत का सदाय करन क िलए कया जाएगा ndash (क) दवाला समाधान 4=या लागत (ख) 4=यागत लनदार7 को दय समापन मय (ग) िवसमत िव5ीय लनदार7 को दय समापन मय

िविनयम 38(1क) aया समाधान योजना मE यह कथन शािमल ह क उसमE सभी िहतधारक7 क िहत7 पर कस 4कार िवचार कया गया ह िविनयम 38(2) aया समाधान योजना मE िनgtिलिखत क िलए उपबध ह (क) योजना क) अविध और उसक) काया Jवयन अनसची (ख) उसक) अविध क दौरान कारपोरट ऋणी क कारबार क 4बधन और िनयDण क िलए (ग) उसक काया Jवयन क पय वण क िलए पया B साधन

38(3) aया समाधान योजना यह 4दiश त करती ह क ndash (क) वह ltित=म क कारण को दर करती ह

24 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (ख) वह साmय और ltवहाय ह (ग) उसमE इसक 4भावी काया Jवयन क िलए उपबध हN (घ) इसमE अपित अनमोदन7 और उसक िलए समयसीमा क िलए उपबध हN (ङ) समाधान आवदक समाधान योजना को काया िJवत करन किलए सम ह 39(2) aया समाधान ltावसाियक न उसक 3ारा स4ित पाए गए या अवधारत सltवहार7 क) बाबत आवदन फाइल कया ह 10 सीआईआरपी का सचालन नीच उपदiश त समय-सीमा क अनसार कया गया ह सिहता क) धारा िविनयम स =याकलाप का िववरण िविनयम 40क क अधीन अbतन समयसीमा वाLतिवक तारीख धारा 16(1) सीआईआरपी का 4ारभ और आईआरपी क) िनयि6 टी टी िविनयम 6(1) साव जिनक उhोषणा का 4काशन टी+3 धारा 15(1)(ग) िविनयम 12(1) दाव7 का 4Lतत कया जाना टी+14 िविनयम 13(1) दाव7 क) सXयापन टी+21 धारा 26(6क) िविनयम 15क 4ािधकत 4ितिनिध क) िनयि6 क िलए आवदन यद आवयक हो टी+23 िविनयम 17(1) लनदार7 क) सिमित का गठन 4मािणत करत 9ए रपोट फाइल करना टी+23 धारा 22(1) और िविनयम 17(2) लनदार7 क) सिमित क) पहली बठक टी+30 िविनयम 35क कपटपण और अJय सltवहार7 का अवधारण टी+115 िविनयम 27 दो रिजLlीकत मयाकक7 क) िनयि6 टी +47 िविनयम 36(1) लनदार7 क) सिमित को सचना xापन 4Lतत करना टी +57 िविनयम 36क Rिच क) अिभltि6 का आमDण टी+ 75 4Rप छ का 4काशन टी +75 समाधान आवदक7 क) अनितम सची टी +100 समाधान आवदक7 क) अितम सची टी +115 िविनयम 36ख समाधान आवदक7 को समाधान योजना क िलए िनवदन जारी करना िजसक अतग त मयाकन मlaस और सचना xापन ह टी +105 धारा 30(6) िविनयम 39(4) लनदार7 क) सिमित 3ारा अनमोदत समाधान योजना 4Lतत करना टी +165 धारा 31(1) समाधान योजना का अनमोदन टी =180

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 25 11 ससगत अनमोदन 4ाB करन क िलए 4Lतािवत समय सीमा िनgt 4कार ह =म स अनमोदन का नाम लाग िविध का नाम उस 4ािधकारी का नाम जो अनमोदन 4दान करगा कब 4ाB कया जाना ह 1 2 3 12 समाधान योजना कसी आकिLमकता क अmयधीन नहZ ह या समाधान योजना िनgtिलिखत आकिLमकताH क अmयधीन ह (आकिLमकताH का िवLतत Pयौरा दE) I IIhelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip 13 दवाला और शोधन अमता सिहता 2016 उसक अधीन बनाए गए िविनयम7 क उपबध7 या जारी परपD7 क िवचलनअननपालन िनgtिलिखत हN (यद कोई िवचलनअननपालन पाया जाता ह तो कपया उसक Pयौर और कारण7 का कथन करE) =म स पाया गया िवचलनअननपालन सिहता क) धारा िविनयम स परपD स कारण aया सधार कया गया अथवा नहZ 1 2 3 14 समाधान योजना सिहता क) धारा 12 मE उपबिधत कारपोरट दवाला समाधान 4=या क) अविध क) समािB सदन पव फाइल क) जा रही ह 15 धारा 66 या फाइल क) गईलिबत परवज न आवदन क Pयौर दE =म स सltवहार का 4कार Jयायिनणा यक 4ािधकारी क सम फाइल करन क) तारीख Jयायिनणा यक 4ािधकारी क आदश क) तारीख आदश का सिB िववरण 1 धारा 43 क अधीन अिधमानी सltवहार 2 धारा 45 क अधीन अधोमयाकत सltवहार 3 धारा 50 क अधीन उीिपत 4Xयय सltवहार 4 धारा 66 क अधीन कपटपण सltवहार

26 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] 16 मN (समाधान ltावसाियक का नाम) 4मािणत करता क इस 4माणपD क) अतव Lत मर सव5म जानकारी और िवास क अनसार सXय और सही ह और इनमE स कछ भी तािXवक िछपाया नहZ गया ह (हLतार) समाधान ltावसाियक का नाम आईपी रिजLlीकरण स बोड क पास रिजLlीकत पता बोड क पास रिजLlीकत ईमल आईडी तारीख Lथानrdquo डॉ एम एस सा अmय [िवxापन-III4असा13018] CटDपणCटDपणCटDपणCटDपण भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) िविनयम 2016 भारत क राजपD असाधारण मE अिधसचना स आईबीबीआई2016-17जीएनआरईजी004 तारीख 30 नवबर 2016 3ारा 4कािशत कए गए थ और उनमE तXपGात- (1) अिधसचना स आईबीबीआई2017-18जीएनआरईजी013 तारीख 16 अगLत 2017 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (सशोधन) िविनयम 2017 (2) अिधसचना स आईबीबीआई2017-18जीएनआरईजी018 तारीख 5 अ6बर 2017 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (दसरा सशोधन) िविनयम 2017 (3) अिधसचना स आईबीबीआई2017-18जीएनआरईजी019 तारीख 7 नवबर 2017 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (तीसरा सशोधन) िविनयम 2017 (4) अिधसचना स आईबीबीआई2017-18जीएनआरईजी022 तारीख 31 दसबर 2017 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (चौथा सशोधन) िविनयम 2017 (5) अिधसचना स आईबीबीआई2017-18जीएनआरईजी024 तारीख 6 फरवरी 2018 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (सशोधन) िविनयम 2018 और (6) अिधसचना स आईबीबीआई2017-18जीएनआरईजी030 तारीख 27 माच 2018 3ारा 4कािशत भारतीय दवाला और शोधन अमता बोड (कारपोरट ltि6य7 क िलए दवाला समाधान 4=या) (दसरा सशोधन) िविनयम 2018 3ारा सशोधन कए गए थ

sup1Hkkx IIImicro[kM 4ordm Hkkjr dk jkti=k vlkkjk 27

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA

NOTIFICATION

New Delhi the 3rd

July 2018

THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS

FOR CORPORATE PERSONS) (THIRD AMENDMENT) REGULATIONS 2018

No IBBI2018-19GNREG031mdashIn exercise of the powers conferred by clause (t) of sub-section (1) of

section 196 read with section 240 of the Insolvency and Bankruptcy Code 2016 (31 of 2016) the Insolvency and

Bankruptcy Board of India hereby makes the following regulations further to amend the Insolvency and Bankruptcy

Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 namelymdash

1 (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution

Process for Corporate Persons) (Third Amendment) Regulations 2018

(2) They shall come into force on the date of their publication in the Official Gazette and shall apply to

corporate insolvency resolution processes commencing on or after the said date

2 In the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)

Regulations 2016 (hereinafter referred to as the principal regulations) in regulation 2 in sub-regulation (1)

after clause (a) the following clause shall be inserted namelymdash

ldquo(aa) ldquoclass of creditorsrdquo means a class with at least ten financial creditors under clause (b) of sub-section (6A)

of section 21 and the expression ldquocreditors in a classrdquo shall be construed accordinglyrdquo

3 In the principal regulations in regulation 3mdash

(a) in sub-regulation (1) in clause (c) in sub-clause (ii) for the words ldquoten per centrdquo the words ldquofive per centrdquo

shall be substituted

(b) after sub-regulation (1) the following sub-regulation shall be inserted namelymdash

ldquo(1A) Where the committee decides to appoint the interim resolution professional as resolution professional

or replace the interim resolution professional under section 22 or replace the resolution professional under

section 27 it shall obtain the written consent of the proposed resolution professional in Form AA of the

Schedulerdquo

4 In the principal regulations after regulation 4 the following sub-regulations shall be inserted namelymdash

ldquo4A Choice of authorised representative

(1) On an examination of books of account and other relevant records of the corporate debtor the interim

resolution professional shall ascertain class(s) of creditors if any

(2) For representation of creditors in a class ascertained under sub-regulation (1) in the committee the interim

resolution professional shall identify three insolvency professionals who aremdash

(a) not his relatives or related parties

(b) eligible to be insolvency professionals under regulation 3 and

(c) willing to act as authorised representative of creditors in the class

(3) The interim resolution professional shall obtain the consent of each insolvency professional identified under

sub-regulation (2) to act as the authorised representative of creditors in the class in Form AB of the Schedulerdquo

5 In the principal regulations in regulation 6

(i) in sub-regulation (2) after clause (b) the following clauses shall be inserted namelymdash

ldquo(ba) state where claim forms can be downloaded or obtained from as the case may be

(bb) offer choice of three insolvency professionals identified under regulation 4A to act as the authorised

representative of creditors in each class andrdquo

(ii) in sub-regulation (3) the words ldquoClarification- The expenses on the public announcement shall not form part of

insolvency resolution process costsrdquo shall be omitted

6 In the principal regulations in regulation 7 in sub-regulation (1) for the words ldquosubmit proof of claimrdquo the words

ldquosubmit claim with proofrdquo shall be substituted

28 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4]

7 In the principal regulations in regulation 8 -

(a) in sub-regulation (1) for the words ldquofinancial creditor of the corporate debtor shall submit proof of claimrdquo the

words ldquofinancial creditor other than a financial creditor belonging to a class of creditors shall submit claim with

proofrdquo shall be substituted

(b) in sub-regulation (2) in clause (b) in sub-clause (iii) for the word ldquorepaidrdquo the word ldquopaidrdquo shall be substituted

8 In the principal regulations after regulation 8 the following regulation shall be inserted namely -

ldquo8A Claims by creditors in a class

(1) A person claiming to be a creditor in a class shall submit claim with proof to the interim resolution

professional in electronic form in Form CA of the Schedule

(2) The existence of debt due to a creditor in a class may be proved on the basis of-

(a) the records available with an information utility if any or

(b) other relevant documents including any-

(i) agreement for sale

(ii) letter of allotment

(iii) receipt of payment made or

(iv) such other document evidencing existence of debt

(3) A creditor in a class may indicate its choice of an insolvency professional from amongst the three choices

provided by the interim resolution professional in the public announcement to act as its authorised

representativerdquo

9 In the principal regulations in regulation 9 in sub-regulation (1) and (2) for the words ldquoproof of claimrdquo the words

ldquoclaim with proofrdquo shall respectively be substituted

10 In the principal regulations in regulation 9A in sub-regulation (1) for the words ldquoproof of its claimrdquo the words ldquoits

claim with proofrdquo shall be substituted

(a) in sub-regulation (1) for the words ldquoproof of claimrdquo the words ldquoclaim with proofrdquo shall be substituted

(b) for sub-regulation (2) the following sub-regulation shall be substituted namely-

ldquo(2) A creditor who fails to submit claim with proof within the time stipulated in the public announcement

may submit the claim with proof to the interim resolution professional or the resolution professional as the

case may be on or before the ninetieth day of the insolvency commencement daterdquo

(c) in sub-regulation (3) for the words ldquoa financial creditorrdquo the words ldquoa financial creditor under regulation 8rdquo

12 After regulation 16 the following regulations shall be inserted namely -

ldquo16A Authorised representative

(1) The interim resolution professional shall select the insolvency professional who is the choice of the highest

number of financial creditors in the class in Form CA received under sub-regulation (1) of regulation 12 to act

as the authorised representative of the creditors of the respective class

Provided that the choice for an insolvency professional to act as authorised representative in Form CA received

under sub-regulation (2) of regulation 12 shall not be considered

(2) The interim resolution professional shall apply to the Adjudicating Authority for appointment of the authorised

representatives selected under sub-regulation (1) within two days of the verification of claims received under

sub-regulation (1) of regulation 12

(3) Any delay in appointment of the authorised representative for any class of creditors shall not affect the validity

of any decision taken by the committee

(4) The interim resolution professional shall provide the list of creditors in each class to the respective authorised

representative appointed by the Adjudicating Authority

(5) The interim resolution professional or the resolution professional as the case may be shall provide an updated

list of creditors in each class to the respective authorised representative as and when the list is updated

Clarification The authorised representative shall have no role in receipt or verification of claims of creditors

of the class he represents

(6) The interim resolution professional or the resolution professional as the case may be shall provide electronic

means of communication between the authorised representative and the creditors in the class

(7) The voting share of a creditor in a class shall be in proportion to the financial debt which includes an interest at

the rate of eight per cent per annum unless a different rate has been agreed to between the parties

(8) The authorised representative of creditors in a class shall be entitled to receive fee for every meeting of the

committee attended by him in the following manner namely -

Number of creditors in the class Fee per meeting of the committee (Rs)

10-100 15000

101-1000 20000

More than 1000 25000

(9) The authorised representative shall circulate the agenda to creditors in a class and announce the voting window

at least twenty-four hours before the window opens for voting instructions and keep the voting window open

for at least twelve hours

16B Committee with only creditors in a class

Where the corporate debtor has only creditors in a class and no other financial creditor eligible to join the committee

the committee shall consist of only the authorised representative(s)rdquo

13 In the principal regulations for regulation 17 the following regulation shall be substituted namely -

ldquo17 Constitution of committee

(1) The interim resolution professional shall file a report certifying constitution of the committee to the

Adjudicating Authority within two days of the verification of claims received under sub-regulation (1) of regulation

(2) The interim resolution professional shall hold the first meeting of the committee within seven days of filing the

report under this regulation

(3) Where the appointment of resolution professional is delayed the interim resolution professional shall perform

the functions of the resolution professional from the fortieth day of the insolvency commencement date till a

resolution professional is appointed under section 22rdquo

ldquo19 (1) Subject to this Regulation a meeting of the committee shall be called by giving not less than five daysrsquo

notice in writing to every participant at the address it has provided to the resolution professional and such notice

may be sent by hand delivery or by post but in any event be served on every participant by electronic means in

accordance with Regulation 20

(2) The committee may reduce the notice period from five days to such other period of not less than twenty-four

hours as it deems fit

Provided that the committee may reduce the period to such other period of not less than forty-eight hours if there is

any authorised representativerdquo

(a) for sub-regulation (3) the following sub-regulation shall be substituted namely -

ldquo(3) The resolution professional shall take a vote of the members of the committee present in the meeting on any

item listed for voting after discussion on the samerdquo

(b) for sub-regulation (5) the following sub-regulation shall be substituted namely

ldquo(5) The resolution professional shall-

(a) circulate the minutes of the meeting by electronic means to all members of the committee within forty-eight

hours of the conclusion of the meeting and

(b) seek a vote of the members who did not vote at the meeting on the matters listed for voting by electronic

voting system in accordance with regulation 26 where the voting shall be kept open for twenty-four hours from the

circulation of the minutes forrdquo

16 In the principal regulations in regulation 26 sub-regulation (2) shall be omitted

17 In the principal regulations in regulation 27 for the words ldquoseven days of his appointmentrdquo the words ldquoseven days

of his appointment but not later than forty-seventh day from the insolvency commencement daterdquo shall be substituted

18 In the principal regulations in regulation 29 in sub-regulation (2) for the words ldquoapproval of the committeerdquo the

words ldquoapproval of the committee by a vote of sixty-six per cent of voting share of the membersrdquo shall be substituted

ldquo30A Withdrawal of application

(1) An application for withdrawal under section 12A shall be submitted to the interim resolution professional or

the resolution professional as the case may be in Form FA of the Schedule before issue of invitation for

expression of interest under regulation 36A

(2) The application in sub-regulation (1) shall be accompanied by a bank guarantee towards estimated cost

incurred for purposes of clauses (c) and (d) of regulation 31 till the date of application

(3) The committee shall consider the application made under sub-regulation (1) within seven days of its

constitution or seven days of receipt of the application whichever is later

(4) Where the application is approved by the committee with ninety percent voting share the resolution

professional shall submit the application under sub-regulation (1) to the Adjudicating Authority on behalf of

the applicant within three days of such approval

(5) The Adjudicating Authority may by order approve the application submitted under sub-regulation (4)rdquo

20 In the principal regulations in regulation 31 after clause (a) the following clauses shall be inserted namely -

ldquo(aa) fee payable to authorised representative under sub-regulation (7) of regulation 16A

(ab) out of pocket expenses of authorised representative for discharge of his functions under section 25rdquo

21 In the principal regulations for regulation 35A the following regulation shall be substituted namely -

ldquo35A Preferential and other transactions

(1) On or before the seventy-fifth day of the insolvency commencement date the resolution professional shall form

an opinion whether the corporate debtor has been subjected to any transaction covered under sections 43 45 50 or

(2) Where the resolution profesional is of the opinion that the corporate debtor has been subjected to any

transactions covered under sections 43 45 50 or 66 he shall make a determination on or before the one hundred

and fifteenth day of the insolvency commencement date under intimation to the Board

(3) Where the resolution profesional makes a determination under sub-regulation (2) he shall apply to the

Adjudicating Authority for appropriate relief on or before the one hundred and thirty-fifth day of the insolvency

commencement daterdquo

ldquo(1) Subject to sub-regulation (4) the resolution professional shall submit the information memorandum in electronic

form to each member of the committee within two weeks of his appointment but not later than fifty-fourth day from the

insolvency commencement date whichever is earlierrdquo

(b) in sub-regulation (4) the words ldquoor a prospective resolution applicantrdquo shall be omitted

ldquo36A Invitation for expression of interest

(1) The resolution professional shall publish brief particulars of the invitation for expression of interest in Form G of the

Schedule at the earliest not later than seventy-fifth day from the insolvency commencement date from interested and

eligible prospective resolution applicants to submit resolution plans

(2) The resolution professional shall publish Form G-

(i) in one English and one regional language newspaper with wide circulation at the location of the registered office and

principal office if any of the corporate debtor and any other location where in the opinion of the resolution professional

the corporate debtor conducts material business operations

(ii) on the website if any of the corporate debtor

(iii) on the website if any designated by the Board for the purpose and

(iv) in any other manner as may be decided by the committee

(3) The Form G in the Schedule shall -

(a) state where the detailed invitation for expression of interest can be downloaded or obtained from as the case may be

(b) provide the last date for submission of expression of interest which shall not be less than fifteen days from the date of

issue of detailed invitation

(4) The detailed invitation referred to in sub-regulation (3) shallmdash

(a) specify the criteria for prospective resolution applicants as approved by the committee in accordance with clause (h)

of sub-section (2) of section 25

(b) state the ineligibility norms under section 29A to the extent applicable for prospective resolution applicants

(c) provide such basic information about the corporate debtor as may be required by a prospective resolution applicant

for expression of interest and

(d) not require payment of any fee or any non-refundable deposit for submission of expression of interest

(5) A prospective resolution applicant who meet the requirements of the invitation for expression of interest may submit

expression of interest within the time specified in the invitation under clause (b) of sub-regulation (3)

(6) The expression of interest received after the time specified in the invitation under clause (b) of sub-regulation (3)

shall be rejected

(7) An expression of interest shall be unconditional and be accompanied by-

(a) an undertaking by the prospective resolution applicant that it meets the criteria specified by the committee under

clause (h) of sub-section (2) of section 25

(b) relevant records in evidence of meeting the criteria under clause (a)

(c) an undertaking by the prospective resolution applicant that it does not suffer from any ineligibility under section

29A to the extent applicable

(d) relevant information and records to enable an assessment of ineligibility under clause (c)

(e) an undertaking by the prospective resolution applicant that it shall intimate the resolution professional forthwith if

it becomes ineligible at any time during the corporate insolvency resolution process

(f) an undertaking by the prospective resolution applicant that every information and records provided in expression of

interest is true and correct and discovery of any false information or record at any time will render the applicant

ineligible to submit resolution plan forfeit any refundable deposit and attract penal action under the Code and

(g) an undertaking by the prospective resolution applicant to the effect that it shall maintain confidentiality of the

information and shall not use such information to cause an undue gain or undue loss to itself or any other person

and comply with the requirements under sub-section (2) of section 29

(8) The resolution professional shall conduct due diligence based on the material on record in order to satisfy that the

prospective resolution applicant complies with-

(a) the provisions of clause (h) of sub-section (2) of section 25

(b) the applicable provisions of section 29A and

(c) other requirements as specified in the invitation for expression of interest

(9) The resolution professional may seek any clarification or additional information or document from the prospective

resolution applicant for conducting due diligence under sub-regulation (8)

(10) The resolution professional shall issue a provisional list of eligible prospective resolution applicants within ten days

of the last date for submission of expression of interest to the committee and to all prospective resolution applicants who

submitted the expression of interest

(11) Any objection to inclusion or exclusion of a prospective resolution applicant in the provisional list referred to in

sub-regulation (10) may be made with supporting documents within five days from the date of issue of the provisional

(12) On considering the objections received under sub-regulation (11) the resolution professional shall issue the final list

of prospective resolution applicants within ten days of the last date for receipt of objections to the committeerdquo

24 In the principal regulations after regulation 36A the following regulation shall be inserted namely -

ldquo36B Request for resolution plans

(1) The resolution professional shall issue the information memorandum evaluation matrix and a request for

resolution plans within five days of the date of issue of the provisional list under sub-regulation (10) of

regulation 36A to -

(a) every prospective resolution applicant in the provisional list and

(b) every prospective resolution applicant who has contested the decision of the resolution professional against

its non-inclusion in the provisional list

(2) The request for resolution plans shall detail each step in the process and the manner and purposes of interaction

between the resolution professional and the prospective resolution applicant along with corresponding

timelines

(3) The request for resolution plans shall allow prospective resolution applicants a minimum of thirty days to

submit the resolution plan(s)

(4) The request for resolution plans shall not require any non-refundable deposit for submission of or along with

resolution plan

(5) Any modification in the request for resolution plan or the evaluation matrix issued under sub-regulation (1)

shall be deemed to be a fresh issue and shall be subject to timeline under sub-regulation (3)

(6) The resolution professional may with the approval of the committee extend the timeline for submission of

resolution plans

(7) The resolution professional may with the approval of the committee re-issue request for resolution plans if the

resolution plans received in response to an earlier request are not satisfactory subject to the condition that the

request is made to all prospective resolution applicants in the final list

Provided that provisions of sub-regulation (3) shall not apply for submission of resolution plans under this sub-

regulationrdquo

25 In the principal regulations in regulation 37 after clause (c) the following clause shall be inserted namely -

ldquo(ca) cancellation or delisting of any shares of the corporate debtor if applicablerdquo

(a) in sub-regulation (1) in clause (a) for the words ldquoinsolvency resolution process costs will be paidrdquo the words

ldquoinsolvency resolution process costs to the extent unpaid will be paidrdquo shall be substituted

(b) for sub-regulation (3) the following sub-regulation shall be substituted namely -

ldquo(3) A resolution plan shall demonstrate that ndash

(a) it addresses the cause of default

(b) it is feasible and viable

(c) it has provisions for its effective implementation

(d) it has provisions for approvals required and the timeline for the same and

(e) the resolution applicant has the capability to implement the resolution planrdquo

(a) for sub-regulation (1) the following sub-regulations shall be substituted namely -

ldquo(1) A prospective resolution applicant in the final list may submit resolution plan or plans prepared in accordance with

the Code and these regulations to the resolution professional electronically within the time given in the request for

resolution plans under regulation 36B along with

(a) an affidavit stating that it is eligible under section 29A to submit resolution plans

(b) an undertaking that it will provide for additional funds to the extent required for the purposes under sub-

regulation (1) of regulation 38 and

(c) an undertaking by the prospective resolution applicant that every information and records provided in

connection with or in the resolution plan is true and correct and discovery of false information and record at any

time will render the applicant ineligible to continue in the corporate insolvency resolution process forfeit any

refundable deposit and attract penal action under the Code

(1A) A resolution plan which does not comply with the provisions of sub-regulation (1) shall be rejectedrdquo

(b) for sub-regulation (3) the following sub-regulations shall be substituted namely -

ldquo(3) The committee shall evaluate the resolution plans received under sub-regulation (1) strictly as per the evaluation

matrix to identify the best resolution plan and may approve it with such modifications as it deems fit

Provided that the committee shall record the reasons for approving or rejecting a resolution planrdquo

(c) for sub-regulation (4) the following sub-regulation shall be substituted namely -

ldquo(4) The resolution professional shall endeavour to submit the resolution plan approved by the committee to the

Adjudicating Authority at least fifteen days before the maximum period for completion of corporate insolvency

resolution process under section 12 along with a compliance certificate in Form H of the Schedulerdquo

ldquo40A Model time-line for corporate insolvency resolution process

The following Table presents a model timeline of corporate insolvency resolution process on the assumption that the

interim resolution professional is appointed on the date of commencement of the process and the time available is

hundred and eighty days

Section

Regulation

Description of Activity Norm Latest Timeline

Section 16(1) Commencement of CIRP and appointment

of IRP

hellip T

Regulation 6(1) Public announcement inviting claims Within 3 Days of Appointment

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

Submission of claims For 14 Days from Appointment

of IRP

Regulation 12(2) Submission of claims Up to 90th

day of commencement T+90

Regulation 13(1) Verification of claims received under

regulation 12(1)

Within 7 days from the receipt of

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

Application for appointment of AR Within 2 days from verification

of claims received under

regulation 12(1)

Regulation 17(1) Report certifying constitution of CoC T+23

Section 22(1)

Regulation 19(1)

1st meeting of the CoC

Within 7 days of the constitution

of the CoC but with seven daysrsquo

notice

Section 22(2) Resolution to appoint RP by the CoC In the first meeting of the CoC T+30

Section 16(5) Appointment of RP On approval by the AA helliphellip

Regulation 17(3) IRP performs the functions of RP till the RP

is appointed

If RP is not appointed by 40th

of commencement

Regulation 27 Appointment of valuer Within 7 days of appointment of

RP but not later than 40th

day of

commencement

Section 12(A)

R egulation 30A

Submission of application for withdrawal

of application admitted

Before issue of EoI W

CoC to dispose of the application Within 7 days of its receipt or 7

days of constitution of CoC

whichever is later

Filing application of withdrawal if

approved by CoC with 90 majority

voting by RP to AA

Within 3 days of approval by

Regulation 35A RP to form an opinion on preferential and

other transactions

Within 75 days of the

commencement

RP to make a determination on preferential

and other transactions

Within 115 days of

commencement

RP to file applications to AA for

appropriate relief

Within 135 days of

commencement

Regulation 36 (1) Submission of IM to CoC Within 2 weeks of appointment

of RP but not later than 54th

of commencement

Regulation 36A Publish Form G Within 75 days of

commencement

Invitation of EoI

Submission of EoI At least 15 days from issue of

EoI (Assume 15 days)

Provisional List of RAs by RP Within 10 days from the last day

of receipt of EoI

Submission of objections to provisional list For 5 days from the date of

provisional list

Final List of RAs by RP Within 10 days of the receipt of

objections

Regulation 36B Issue of RFRP including Evaluation

Matrix and IM

Within 5 days of the issue of the

provisional list

Receipt of Resolution Plans At least 30 days from issue of

RFRP (Assume 30 days)

Regulation 39(4) Submission of CoC approved Resolution

Plan to AA

As soon as approved by the CoC T+165

Section 31(1) Approval of resolution plan by AA T=180

AA Adjudicating Authority AR Authorised Representative CIRP Corporate Insolvency Resolution Process CoC

Committee of Creditors EoI Expression of Interest IM Information Memorandum IRP Interim Resolution

Professional RA Resolution Applicant RP Resolution Professional RFRP Request for Resolution Planrdquo

29 In the principal regulations in the Schedule -

(a) for Form A the following Forms shall be substituted namely

ldquoFORM A

PUBLIC ANNOUNCEMENT

[Under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for

Corporate Persons) Regulations 2016]

FOR THE ATTENTION OF THE CREDITORS OF [NAME OF CORPORATE DEBTOR]

RELEVANT PARTICULARS

1 Name of corporate debtor

2 Date of incorporation of corporate debtor

3 Authority under which corporate debtor is incorporated registered

4 Corporate Identity No Limited Liability Identification No of corporate

debtor

5 Address of the registered office and principal office (if any) of corporate debtor

6 Insolvency commencement date in respect of corporate debtor

7 Estimated date of closure of insolvency resolution process

8 Name and registration number of the insolvency professional acting as interim

resolution professional

9 Address and e-mail of the interim resolution professional as registered with the

10 Address and e-mail to be used for correspondence with the interim resolution

professional

11 Last date for submission of claims

12 Classes of creditors if any under clause (b) of sub-section (6A) of section 21

ascertained by the interim resolution professional

Name the class(es)

13 Names of Insolvency Professionals identified to act as Authorised

Representative of creditors in a class (Three names for each class)

14 (a) Relevant Forms and

(b) Details of authorized representatives

are available at

Web linkhellip

Physical Addresshelliphellip

Notice is hereby given that the National Company Law Tribunal has ordered the commencement of a corporate

insolvency resolution process of the [name of the corporate debtor] on [insolvency commencement date]

The creditors of [name of the corporate debtor] are hereby called upon to submit their claims with proof on or before

[insert the date falling fourteen days from the appointment of the interim resolution professional] to the interim resolution

professional at the address mentioned against entry No 10

The financial creditors shall submit their claims with proof by electronic means only All other creditors may submit the

claims with proof in person by post or by electronic means

A financial creditor belonging to a class as listed against the entry No 12 shall indicate its choice of authorised

representative from among the three insolvency professionals listed against entry No13 to act as authorised

representative of the class [specify class] in Form CA

Submission of false or misleading proofs of claim shall attract penalties

Name and Signature of Interim Resolution Professional

Date and Place

FORM AA

WRITTEN CONSENT TO ACT AS RESOLUTION PROFESSIONAL

[Under Regulation 3(1A) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for

[Date]

[Name of the insolvency professional]

[Registration number of the insolvency professional]

[Address of the insolvency professional registered with the Board]

The Committee of Creditors

[name of corporate debtor]

Subject Written Consent to act as resolution professional

I [name] an insolvency professional enrolled with [name of insolvency professional agency] and registered with the

Board note that the committee proposes to appoint me as resolution professional under section 22(3)(a) 22(3)(b) 27(2)

of the Code for corporate insolvency resolution process of [name of the corporate debtor]

2 In accordance with regulation 3(1A) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process

for Corporate Persons) Regulations 2016 I hereby give consent to the proposed appointment

3 I declare and affirm as under -

a I am registered with the Board as an insolvency professional

b I am not subject to any disciplinary proceedings initiated by the Board or the Insolvency Professional Agency

c I do not suffer from any disability to act as a resolution professional

d I am eligible to be appointed as resolution professional of the corporate debtor under regulation 3 and other

applicable provisions of the Code and regulations

e I shall make the disclosures in accordance with the code of conduct for insolvency professionals as set out in the

Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations 2016

f I am having the following processes in hand

Sl No Role as No of Processes on the date of Consent

1 Interim Resolution Professional

2 Resolution Professional of

a Corporate Debtors

b Individuals

3 Liquidator of

a Liquidation Processes

bVoluntary Liquidation Processes

4 Bankruptcy Trustee

5 Authorised Representative

6 Any other (Please state)

Date (Signature of the insolvency professional)

Place Registration No

FORM AB

WRITTEN CONSENT TO ACT AS AUTHORISED REPRESENTATIVE

[Under Regulation 4A(3) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for

[Date]

[Registered address of the insolvency professional]

The Interim Resolution Professional

Subject Written Consent to act as authorized representative

Board note that you have proposed to appoint me as the authorized representative of financial creditors in a class

[specify class] in the corporate insolvency resolution process of [name of the corporate debtor]

2 In accordance with regulation 4(A) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations

2016 I hereby give my consent to the proposed appointment

3 I declare and affirm as undermdash

c I do not suffer from any disability to act as an authorized representative

d I shall not canvass with the creditors to indicate their choice in my favour in Form CA

e I am having the following processes in hand

a Corporate Debtors

b Individuals

3 Liquidator of

Place Registration No rdquo

(b) for Form C the following Forms shall be inserted namelymdash

ldquoFORM C

SUBMISSION OF CLAIM BY FINANCIAL CREDITORS

(Under Regulation 8 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate

Persons) Regulations 2016)

[Date]

[Name and address of the financial creditor including address of its registered office and principal office]

The Interim Resolution Professional Resolution Professional

[Name of the Insolvency Resolution Professional Resolution Professional]

[Address as set out in public announcement]

Subject Submission of claim and proof of claim

MadamSir

[Name of the financial creditor] hereby submits this claim in respect of the corporate insolvency resolution process of

[name of corporate debtor] The details for the same are set out below

Relevant Particulars

1 Name of the financial creditor

2 Identification number of the financial creditor

(If an incorporated body provide identification number and proof of incorporation

If a partnership or individual provide identification records of all the partners or

the individual)

3 Address and email address of the financial creditor for correspondence

4 Total amount of claim

(including any interest as at the insolvency commencement date)

5 Details of documents by reference to which the debt can be substantiated

6 Details of how and when debt incurred

7 Details of any mutual credit mutual debts or other mutual dealings between the

corporate debtor and the creditor which may be set-off against the claim

8 Details of any security held the value of the security and the date it was given

9 Details of the bank account to which the amount of the claim or any part thereof

can be transferred pursuant to a resolution plan

10 List of documents attached to this claim in order to prove the existence and non-

payment of claim due to the financial creditor

(Signature of financial creditor or person authorised to act on his behalf)

[Please enclose the authority if this is being submitted on behalf of the financial creditor]

Name in BLOCK LETTERS

Position with or in relation to creditor

Address of person signing

PAN number passport AADHAAR Card or the identity card issued by the Election Commission of India

DECLARATION

I [Name of claimant] currently residing at [insert address] do hereby declare and state as followsmdash

1 [Name of corporate debtor] the corporate debtor was at the insolvency commencement date being

thehelliphelliphelliphelliphellipday ofhelliphelliphelliphellip20helliphellip actually indebted to me for a sum of Rs [insert amount of claim]

2 In respect of my claim of the said sum or any part thereof I have relied on the documents specified below

[Please list the documents relied on as evidence of claim]

3 The said documents are true valid and genuine to the best of my knowledge information and belief and no

material facts have been concealed therefrom

4 In respect of the said sum or any part thereof neither I nor any person by my order to my knowledge or belief

for my use had or received any manner of satisfaction or security whatsoever save and except the following

[Please state details of any mutual credit mutual debts or other mutual dealings between the corporate debtor

and the creditor which may be set-off against the claim]

5 I am I am not a related party of the corporate debtor as defined under section 5 (24) of the Code

6 I am eligible to join committee of creditors by virtue of proviso to section 21 (2) of the Code even though I am a

related party of the corporate debtor

(Signature of the claimant)

VERIFICATION

I [Name] the claimant hereinabove do hereby verify that the contents of this proof of claim are true and correct to my

knowledge and belief and no material fact has been concealed therefrom

Verified at hellip on this helliphellip day of helliphelliphellip 20hellip

(Signature of claimant)

[Note In the case of company or limited liability partnership the declaration and verification shall be made by the

directormanagersecretarydesignated partner and in the case of other entities an officer authorised for the purpose by

the entity]

FORM CA

SUBMISSION OF CLAIM BY FINANCIAL CREDITORS IN A CLASS

(Under Regulation 8A of the Insolvency and Bankruptcy (Insolvency Resolution Process for Corporate Persons)

Regulations 2016)

[Date]

MadamSir

If a partnership or individual provide identification records of all the partners or the

individual)

3 Address and e-mail address of the financial creditor for correspondence

4 Total amount of claim (in Rs)

9 Details of the bank account to which the amount of the claim or any part thereof can

be transferred pursuant to a resolution plan

payment of claim due

11 Name of the insolvency professional who will act as the Authorised representative of

creditors of the class

Signature of financial creditor or person authorised to act on its behalf

DECLARATION

thehelliphelliphelliphelliphellipday ofhelliphelliphelliphellip20helliphellip actually indebted to me for a sum of Rs [insert amount of

claim]

4 In respect of the said sum or any part thereof neither I nor any person by my order to my knowledge or

belief for my use had or received any manner of satisfaction or security whatsoever save and except the

following

6 I am eligible to give voting instruction to the authorized representative by virtue of proviso to section 21 (2)

of the Code even though I am a related party of the corporate debtor

VERIFICATION

directormanagersecretarydesignated partner and in the case of other entities an officer authorized for the purpose by

the entity]rdquo

(c) after Form F the following Form shall be inserted namely mdash

ldquoFORM FA

APPLICATION FOR WITHDRAWAL OF CORPORATE INSOLVENCY RESOLUTION PROCESS

(Under Regulation 30A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate

[Date]

The Adjudicating Authority

[Through the Interim Resolution Professional Resolution Professional]

Subject Withdrawal of Application admitted for corporate insolvency resolution process of [name of corporate

debtor]

I [name of applicant] had filed an application bearing [particulars of application ie diary number case number] on

[Date of filing] before the Adjudicating Authority under [Section 7 Section 9 Section 10] of the Insolvency and

Bankruptcy Code 2016 The said application was admitted by the Adjudicating Authority on [date] bearing [case

number]

2 I hereby withdraw the application bearing [particulars of application ie diary number case number] filed by me

before the Adjudicating Authority under [Section 7 Section 9Section 10] of the Insolvency and Bankruptcy Code

3 I request the Committee of Creditors to approve my application for withdrawal

4 I authorize the resolution professional to file this application of withdrawal with the Adjudicating Authority on my

behalf if it is approved by the Committee of Creditors with ninety percent voting power

5 I attach the required bank guarantee towards estimated cost incurred for purposes of regulation 31(c) and (d) till the

date of application

(Signature of the applicant)

the entity]rdquo

(d) for Form G the following Forms shall be substituted namely mdash

ldquoFORM G

INVITATION FOR EXPRESSION OF INTEREST

(Under Regulation 36A (1) of the Insolvency and Bankruptcy (Insolvency Resolution Process for Corporate Persons)

Regulations 2016

1 Name of the corporate debtor

4 Corporate identity number limited liability identification number of corporate debtor

6 Insolvency commencement date of the corporate debtor

7 Date of invitation of expression of interest

8 Eligibility for resolution applicants under section 25(2)(h) of the Code is available at

9 Norms of ineligibility applicable under section 29A are available at

10 Last date for receipt of expression of interest

11 Date of issue of provisional list of prospective resolution applicants

12 Last date for submission of objections to provisional list

13 Date of issue of final list of prospective resolution applicants

14 Date of issue of information memorandum evaluation matrix and request for resolution

plans to prospective resolution applicants

15 Manner of obtaining request for resolution plan evaluation matrix information

memorandum and further information

16 Last date for submission of resolution plans

17 Manner of submitting resolution plans to resolution professional

18 Estimated date for submission of resolution plan to the Adjudicating Authority for

approval

19 Name and registration number of the resolution professional

20 Name Address and e-email of the resolution professional as registered with the Board

21 Address and email to be used for correspondence with the resolution professional

22 Further Details are available at or with

23 Date of publication of Form G

Signature of the Resolution Professional

Registration Number of the Resolution Professional

Registered Address of the Resolution Professional

For (Name of the Corporate Debtor)

(Date and Place)

FORM H

COMPLIANCE CERTIFICATE

(Under Regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for

Corporate Persons) Regulations 2016

I [Name of the resolution professional] an insolvency professional enrolled with [name of insolvency professional

agency] and registered with the Board with registration number [registration number] am the resolution professional for

the corporate insolvency resolution process (CIRP) of [name of the corporate debtor (CD)]

2 The details of the CIRP are as under

3 I have examined the Resolution Plan received from Resolution Applicant (helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip) and

approved by Committee of Creditors (CoC) of [Name of the corporate debtor]

4 I hereby certify that-

(i) the said Resolution Plan complies with all the provisions of the Insolvency and Bankruptcy Code 2016 (Code) the

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016

(CIRP Regulations) and does not contravene any of the provisions of the law for the time being in force

(ii) the Resolution Applicant (helliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip) has submitted an affidavit pursuant to section 30(1) of the

Code confirming its eligibility under section 29A of the Code to submit resolution plan The contents of the said affidavit

are in order

(iii) the said Resolution Plan has been approved by the CoC in accordance with the provisions of the Code and the CIRP

Regulations made thereunder The Resolution Plan has been approved by [state the number of votes by which Resolution

Plan was approved by CoC] of voting share of financial creditors after considering its feasibility and viability and

other requirements specified by the CIRP Regulations

(iv) The voting was held in the meeting of the CoC on [state the date of meeting] where all the members of the CoC were

present

I sought vote of members of the CoC by electronic voting system which was kept open at least for 24 hours as per the

regulation 26

Sl No Particulars Description

1 Name of the CD

2 Date of Initiation of CIRP

3 Date of Appointment of IRP

4 Date of Publication of Public Announcement

5 Date of Constitution of CoC

6 Date of First Meeting of CoC

7 Date of Appointment of RP

8 Date of Appointment of Registered Valuers

9 Date of Issue of Invitation for EoI

10 Date of Final List of Eligible Prospective Resolution Applicants

11 Date of Invitation of Resolution Plan

12 Last Date of Submission of Resolution Plan

13 Date of Approval of Resolution Plan by CoC

14 Date of Filing of Resolution Plan with Adjudicating Authority

15 Date of Expiry of 180 days of CIRP

16 Date of Order extending the period of CIRP

17 Date of Expiry of Extended Period of CIRP

18 Fair Value

19 Liquidation value

20 Number of Meetings of CoC held

[strike off the part that is not relevant]

5 The list of financial creditors of the CD [state the name of CD] being members of the CoC and distribution of voting

share among them is as under

Sl No Name of Creditor Voting Share () Voting for Resolution Plan (Voted for

Dissented Abstained)

6 The Resolution Plan includes a statement under regulation 38(1A) of the CIRP Regulations as to how it has dealt with

the interests of all stakeholders in compliance with the Code and regulations made thereunder

7 The amounts provided for the stakeholders under the Resolution Plan is as under

(Amount in Rs lakh)

Category of Stakeholder Amount

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Provided to the

Amount Claimed

1 Dissenting Secured

Financial Creditors

2 Other Secured Financial

Creditors

3 Dissenting Unsecured

Financial Creditors

4 Other Unsecured Financial

Creditors

5 Operational Creditors

Government

Workmen

Employees

hellip

6 Other Debts and Dues

If there are sub-categories in a category please add rows for each sub-category

Amount provided over time under the Resolution Plan and includes estimated value of non-cash components It is not

8 The interests of existing shareholders have been altered by the Resolution plan as under

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

9 The compliance of the Resolution Plan is as under

Section of the

Regulation No

Requirement with respect to Resolution Plan Clause of

Resolution

Compliance

(Yes No)

25(2)(h) Whether the Resolution Applicant meets the criteria approved by

the CoC having regard to the complexity and scale of operations of

business of the CD

Section 29A Whether the Resolution Applicant is eligible to submit resolution

plan as per final list of Resolution Professional or Order if any of

the Adjudicating Authority

Section 30(1) Whether the Resolution Applicant has submitted an affidavit

stating that it is eligible

Section 30(2) Whether the Resolution Plan

(a) provides for the payment of insolvency resolution process

(b) provides for the payment of the debts of operational creditors

(c) provides for the management of the affairs of the Corporate

debtor

(d) provides for the implementation and supervision of the

resolution plan

(e) contravenes any of the provisions of the law for the time being

in force

(a) is feasible and viable according to the CoC

(b) has been approved by the CoC with 66 voting share

Section 31(1) Whether the Resolution Plan has provisions for its effective

implementation plan according to the CoC

Regulation 35A Where the resolution profesional made a determination if the

corporate debtor has been subjected to any transaction of the

nature covered under sections 43 45 50 or 66 before the one

hundred and fifteenth day of the insolvency commencement date

under intimation to the Board

Regulation 38(1) Whether the Resolution Plan identifies specific sources of funds

that will be used to pay themdash

(a) insolvency resolution process costs

(b) liquidation value due to operational creditors

(c) liquidation value due to dissenting financial creditors

Regulation

38(1A)

Whether the resolution plan includes a statement as to how it has

dealt with the interests of all stakeholders

Regulation 38(2) Whether the Resolution Plan provides

(a) the term of the plan and its implementation schedule

(b) for the management and control of the business of the corporate

debtor during its term

(c) adequate means for supervising its implementation

38(3) Whether the resolution plan demonstrates that ndash

(d) it has provisions for approvals required and the timeline for the

(e) the resolution applicant has the capability to implement the

resolution plan

39(2) Whether the RP has filed applications in respect of transactions

observed found or determined by him

10 The CIRP has been conducted as per the timeline indicated as under

Section of the Code

Regulation No

Description of Activity Latest Timeline under

regulation 40A

Actual Date

Section 16(1) Commencement of CIRP and Appointment of

Regulation 6(1) Publication of Public Announcement T+3

Section 15(1)(c)

Regulation 12 (1)

Submission of Claims T+14

Regulation 13(1) Verification of Claims T+21

Section 26(6A)

Regulation 15A

Application for Appointment of Authorised

Representative if necessary

Regulation 17(1) Filing of Report Certifying Constitution of

Section 22(1) and

regulation 17(2)

First Meeting of the CoC T+30

Regulation 35A Determination of fraudulent and other

transactions

Regulation 27 Appointment of two Registered Valuers T+47

Regulation 36 (1) Submission of Information Memorandum to

Regulation 36A Invitation of EoI T+75

Publication of Form G T+75

Provisional List of Resolution Applicants T+100

Final List of Resolution Applicants T+115

Regulation 36B Issue of Request for Resolution Plan which

includes Evaluation Matrix and Information

Memorandum to Resolution Applicants

Section 30(6) Regulation

Submission of CoC approved Resolution Plan T+165

Section 31(1) Approval of Resolution Plan T=180

11 The time frame proposed for obtaining relevant approvals is as under

Sl No Nature of Approval Name of applicable

Name of Authority

who will grant

Approval

When to be obtained

12 The Resolution Plan is not subject to any contingency

The Resolution Plan is subject to the following contingencies (Elaborate the contingencies)

ihelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

iihelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphelliphellip

13 Following are the deviations non-compliances of the provisions of the Insolvency and Bankruptcy Code 2016

regulations made or circulars issued thereunder (If any deviation non-compliances were observed please state the details

and reasons for the same)

Sl No DeviationNon-compliance

observed

Section of the Code

Regulation No Circular No

Reasons Whether rectified or not

14 The Resolution Plan is being filed hellip days before the expiry of the period of CIRP provided in section 12 of the

15 Provide details of section 66 or avoidance application filed pending

Type of Transaction Date of Filing with

Adjudicating

Authority

Date of Order of the

Adjudicating

Authority

Brief of the Order

1 Preferential transactions under section 43

2 Undervalued transactions under section 45

3 Extortionate credit transactions under

section 50

4 Fraudulent transactions under section 66

16 I (Name of Resolution Professional) hereby certify that the contents of this certificate are true and correct to the best

of my knowledge and belief and nothing material has been concealed therefrom

(Signature)

Name of the Resolution Professional

IP Registration No

Address as registered with the Board

Email id as registered with the Board

Placerdquo

Dr M S SAHOO Chairperson

[ADVT-III4Exty13018]

Note The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)

Regulations 2016 were published in the Gazette of India Extraordinary vide notification No IBBI2016-17GNREG004

on 30th November 2016 and was subsequently amended bymdash

(1) The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment)

Regulations 2017 vide notification No IBBI2017-18GNREG013 dated the 16th August 2017

(2) The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second

Amendment) Regulations 2017 vide notification No IBBI2017- 18GNREG018 dated the 5th October 2017

(3) The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third

Amendment) Regulations 2017 vide notification No IBBI2017- 18GNREG019 dated the 7th November 2017

(4) The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth

Amendment) Regulations 2017 vide notification No IBBI2017- 18GNREG022 dated the 31st December 2017

(5) The Insolvency and Bankruptcy Board of India (Insolvency resolution Process for Corporate Persons) (Amendment)

Regulations 2018 vide notification No IBBI2017-18GNREG024 dated the 6th February 2018 and

(6) The Insolvency and Bankruptcy Board of India (Insolvency resolution Process for Corporate Persons) (Second

Amendment) Regulations 2018 vide notification No IBBI2017-18GNREG030 dated the 27th March 2018

Uploaded by Dte of Printing at Government of India Press Ring Road Mayapuri New Delhi-110064

and Published by the Controller of Publications Delhi-110054

2018-07-05T181712+0530

RAKESH SUKUL

2 THE GAZETTE OF INDIA EXTRAORDINARY [PART IIImdashSEC 4] (क) उप-िविनयम (1) क खड (ग) क उपखड (ii) मE ldquoदस 4ितशतrdquo शPद7 क Lथान पर ldquoपाच 4ितशतrdquo शPद रख जाएग (ख) उप-िविनयम (1) क पGात िनgtिलिखत उप-िविनयम अतःLथािपत कया जाएगा अथा त- ldquoldquoldquoldquo (1क) जहा सिमित अतरम समाधान ltावसाियक को समाधान ltावसाियक क Rप मE िनय6 करन या धारा 22 क अधीन अतरम समाधान ltावसाियक को 4ितLथािपत करन या धारा 27 क अधीन समाधान ltावसाियक को 4ितLथािपत करन का िविनGय करती ह वहा वह 4Lतािवत समाधान ltावसाियक स अनसची क 4Rप कक मE िलिखत सहमित 4ाB करगी rdquordquordquordquo 4 मल िविनयम7 मE िविनयम 4 क पGात िनgtिलिखत उप-िविनयम अतःLथािपत कए जाएग अथा त- ldquo4क ािधकत ितिनिधािधकत ितिनिधािधकत ितिनिधािधकत ितिनिध का चयनका चयनका चयनका चयन (1) अतरम समाधान ltावसाियक कारपोरट ऋणी क) लखा-बिहय7 और अJय ससगत अिभलख7 क) परीा करन पर लनदार7 क वग (वगW) यद कोई हN को अिभिनिGत करगा (2) अतरम समाधान ltावसाियक सिमित मE उप-िविनयम (1) क अधीन अिभिनिGत कसी वग मE लनदार7 का 4ितिनिधXव करन क िलए ऐस तीन दवाला ltावसाियक7 क) पहचान करगा जो- (क) उसक नातदार या सबY पकार नहZ हN (ख) िविनयम 3 क अधीन दवाला ltावसाियक होन क पाD हN और (ग) उस वग मE िव5ीय लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करन क इ[छक हN (3) अतरम समाधान ltावसाियक उप-िविनयम (2) क अधीन पहचान कए गए 4Xयक दवाला ltावसाियक स उस वग क लनदार7 क िलए 4ािधकत 4ितिनिध क Rप मE काय करन क िलए अनसची क 4Rप कख मE सहमित 4ाB करगा rdquo 5 मल िविनयम7 क िविनयम 6 क- (i) उप-िविनयम (2) मE खड (ख) क पGात िनgtिलिखत खड अतःLथािपत कए जाएग अथा त- ldquo(खक) यह कथन होगा क दाव क 4Rप कहा स यथािLथित डाउनलोड या अिभ4ाB कए जा सकत हN (खख) िविनयम 4क क अधीन पहचान कए गए तीन दवाला ltावसाियक7 क) 4Xयक वग मE लनदार7 क 4ािधकत 4ितिनिध क Rप मE काय करन क िलए चयन क) 4Lथापना होगी औरrdquo (ii) उप-िविनयम (3) मE ldquoltा]या ndash साव जिनक घोषणा पर होन वाला खच दवाला समाधान 4=या लागत का भाग नहZ होगाrdquo शPद7 का लोप कया जाएगा 6 मल िविनयम7 क िविनयम 7 क उप-िविनयम (1) मE ldquoअपन दाव का 4माणrdquo शPद7 क Lथान पर ldquoसबत सिहत अपना दावाrdquo शPद रख जाएग 7 मल िविनयम7 क िविनयम 8 मE- (क) उप-िविनयम (1) मE- (i) ldquoकारपोरट ऋणी क िव5ीय लनदार अपन दाव का 4माणrdquo शPद7 क Lथान पर ldquoलनदार7 क कसी वग स सबिधत कसी िव5ीय लनदार स िभ` िव5ीय लनदार अपन सबत सही दावाrdquo शPद रख जाएग (ख) उप-िविनयम (2) क खड (ख) क उपखड (iii) मE ldquoवापसrdquo शPद क Lथान पर ldquoसद5rdquo शPद रखा जाएगा 8 मल िविनयम7 मE िविनयम 8 क पGात िनgtिलिखत िविनयम अतःLथािपत कया जाएगा अथा त- 8क कसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दावकसी वग13 म( लनदार )ारा दाव ldquo(1) ऐसा ltि6 जो कसी वग मE कोई लनदार होन का दावा करता ह अतरम समाधान ltावसाियक को इलaटािनक Rप मE अनसची क 4Rप गक मE सबत सिहत दावा 4Lतत करगा (2) कसी वग मE लनदार को दय ऋण क) िवbमानता िनgtिलिखत क आधार पर सािबत क) जा सकगी ndash

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

NOTIFICATION

New Delhi the 3rd

July 2018

Schedulerdquo

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

representativerdquo

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

10-100 15000

101-1000 20000

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

shall be rejected

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

regulation 36A to -

timelines

resolution plan

resolution plans

regulationrdquo

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Section

Regulation

of IRP

hellip T

of IRP

Section 15(1)(c)

Regulations 6(2)(c)

and 12 (1)

of IRP

regulation 12(1)

the claim

regulation 12(2)

Section 21(6A) (b)

Regulation 16A

regulation 12(1)

Section 22(1)

Regulation 19(1)

notice

is appointed

of commencement

day of

commencement

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Section 12(A)

R egulation 30A

whichever is later

voting by RP to AA

other transactions

commencement

Within 115 days of

commencement

appropriate relief

Within 135 days of

commencement

of commencement

commencement

Invitation of EoI

of receipt of EoI

provisional list

objections

Matrix and IM

provisional list

Plan to AA

ldquoFORM A

PUBLIC ANNOUNCEMENT

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

debtor

professional

Name the class(es)

are available at

Web linkhellip

Date and Place

FORM AA

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

a Corporate Debtors

b Individuals

3 Liquidator of

FORM AB

[Date]

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

a Corporate Debtors

b Individuals

3 Liquidator of

ldquoFORM C

[Date]

MadamSir

the individual)

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

DECLARATION

VERIFICATION

the entity]

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

FORM CA

Regulations 2016)

[Date]

MadamSir

individual)

DECLARATION

claim]

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

following

VERIFICATION

the entity]rdquo

ldquoFORM FA

[Date]

debtor]

number]

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

date of application

the entity]rdquo

ldquoFORM G

Regulations 2016

approval

(Date and Place)

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

FORM H

are in order

present

regulation 26

1 Name of the CD

18 Fair Value

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

(Amount in Rs lakh)

Claimed

Amount

Admitted

Amount Provided

under the Plan

Amount Claimed

Financial Creditors

Creditors

Financial Creditors

Creditors

Government

Workmen

Employees

hellip

Sl No Category of

Share Holder

No of Shares

held before CIRP

No of Shares

held after the

Voting Share ()

held before CIRP

Voting Share ()

held after CIRP

1 Equity

2 Preference

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Section of the

Regulation No

Resolution

Compliance

(Yes No)

business of the CD

debtor

resolution plan

in force

Regulation

38(1A)

resolution plan

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Section of the Code

Regulation No

regulation 40A

Actual Date

Section 15(1)(c)

Regulation 12 (1)

Section 26(6A)

Regulation 15A

Section 22(1) and

regulation 17(2)

transactions

Name of Authority

who will grant

Approval

When to be obtained

observed

Section of the Code

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Adjudicating

Authority

Adjudicating

Authority

Brief of the Order

section 50

(Signature)

IP Registration No

Placerdquo

2018-07-05T181712+0530

RAKESH SUKUL

Documents

PART III—Section 4 izkf/dkj ls izdkf'kr · 3783 GI/2018 (1) jftLVªh lö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III—Section