TMI BlogAmendment of section 5.X X X X Extracts X X X X X X X X Extracts X X X X ..... under clause (c) of sub-section (4) of section 54A; ; (ii) in clause (5), in sub-clause (b), after the words corporate insolvency resolution process , the words or the pre-packaged insolvency resolution process, as the case may be, shall be inserted; (iii) in clause (11), after the words corporate insolvency resolution process , the words or prepackaged insolvency resolution process, as the case m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C; (23C) pre-packaged insolvency resolution process costs means- (a) the amount of any interim finance and the costs incurred in raising such finance; (b) the fees payable to any person acting as a resolution professional and any expenses incurred by him for conducting the pre-packaged insolvency resolution process during the prepackaged insolvency resolution process period, subject to sub-section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 25 , the words, figures and letter or pursuant to section 54K, as the case may be shall be inserted; (viii) in clause (27), after the words corporate insolvency resolution process , the words or the prepackaged insolvency resolution process, as the case may be, shall be inserted. ************ NOTES:- 1. Corrected vide CORRIGENDA dated 05-04-2021 before it was read as preliminary information 2. Co ..... X X X X Extracts X X X X X X X X Extracts X X X X
|