Page 48 - DTPA Journal Aug 18

DTPA - J | 2017-18 | Volume 3 | August 2018

ØSubmission of Resolution Plan At least 30 days shall be allowed to the Resolution
Applicants for submission of resolution plans.
The resolution professional shall issue the following
within five days of issue of the provisional list to the ØTimeline for CIRP
prospective resolution applicants:-
The amended regulations also provide for a model
ii) information memorandum, timeline of the corporate insolvency resolution process
assuming that the interim resolution professional is
iii) the evaluation matrix and
appointed on the date of commencement of the process
iv) the request for resolution plans and the time available is hundred and eighty days, as
(RFRP), under :

45 | Direct Taxes Professionals' Association - Journal www.dtpa.org