Standing of Matter
Active
Board of directors passes resolution for Business Rescue on
File notice of resolution with CIPC on
Company nominates a BRP within 5 days of filing
CIPC confirms the appointment of BRP
File notice to CIPC on BRP appointment within 2 days
Publish notice to affected parties of BRP wihin 5 days
First meeting of creditors-10 days from appointment
First meeting of employees-10 days from appointment
Publish Business Plan within 25 days of appointment of BRP on
Notice of meeting to determine Business Plan
Meeting to determine Business Plan 10 days after publication
Documents
Admin Person