Vesting management of corporate debtor with resolution professional

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..... ess period, by a vote of not less than sixty-six per cent. of the voting shares, resolves to vest the management of the corporate debtor with the resolution professional, the resolution professional shall make an application for this purpose to the Adjudicating Authority, in such form and manner as may be specified. (2) On an application made under sub-section (1), if the Adjudicating Authority .....

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..... m the date of the order under subsection (2), until the pre-packaged insolvency resolution process period comes to an end. ] ************ NOTES:- 1. Inserted vide Insolvency and Bankruptcy Code (Amendment) Act, 2021 w.e.f. 04-04-2021 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanageme .....

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