TMI BlogDisposal of applications under section 54C (Pre-packages Resolution) and under section 7 or section 9 or section 10 [ Section 11A ]X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 7 or section 9 or section 10 [ Section 11A ] Admission or Rejection of application [ Section 11A(1) ] Where an application filed under section 54C is pending, the Adjudicating Authority shall pass an order to admit or reject such application, before considering any application filed under sections 7 , Section 9 or Section 10 during the pendency of such applic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n under sections 7 , Section 9 or Section 10 , in respect of the same corporate debtor, the Adjudicating Authority shall first dispose of the application under sections 7 , Section 9 or Section 10 . Initiation of Pre-Package Insolvency Resolution Process (PPIRP) not to apply where CIRP is pending [ Section 11A(4) ] The provisions of this section shall not apply w ..... X X X X Extracts X X X X X X X X Extracts X X X X
|