Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 118] [Entire Act]

Union of India - Subsection

Section 118(2) in Insolvency And Bankruptcy Code, 2016

(2)Where a repayment plan comes to an end prematurely under this section, the resolution professional shall submit a report to the Adjudicating Authority which shall state-
(a)the receipts and payments made in pursuance of the repayment plan;
(b)the reasons for premature end of the repayment plan; and
(c)the details of the creditors whose claims have not been fully satisfied.