TMI BlogPersons who may initiate corporate insolvency resolution process [ Section 6]X X X X Extracts X X X X X X X X Extracts X X X X ..... ptcy 2016 Where any corporate debtor commits a default, a financial creditor, an operational creditor or the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor in the manner as provided under this Chapter. Provisions and procedures relating to each initiator are different. Accordingly, the applica ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Appointment of Interim Resolution Professional Formation of the Committee of Creditors Appointment of Resolution Professional Taking control and managing the operations of the corporate debtor by the resolution professional Appointment of Registered Valuers Preparation of Information memorandum Invitation for Expression of Interest Submission of Expression of Interest by p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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