Resolution Service

Approx. Rs 1,000 / HourGet Latest Price

A "Resolution Plan" under the Insolvency and Bankruptcy Code (IBC) is a comprehensive plan submitted by a resolution applicant to rehabilitate a corporate debtor facing insolvency. It outlines how the company will be restructured and managed to become a going concern again. The plan is based on an Information Memorandum provided by the Resolution Professional, and it must be approved by the Committee of Creditors (CoC).