TIMELINE FORM PPIRP

Section of the Code / Regulation No.	Description of Activity	Norm	Timeline
Section 54C	Commencement of PPIRP and appointment of RP		T
Sections 54G and 54K	Submission of list of claims, preliminary information memorandum and BRP	Within 2 days from commencement of PPIRP	T+2
Section 54E / Regulation 19	Publication of public announcement	Within 2 days from commencement of PPIRP	T+2
Regulation 38	Appointment of registered valuers	Within 3 days from appointment of RP	T+3
Section 54I	Constitution of CoC	Within 7 days from commencement of PPIRP	T+7
Section 54I	First Meeting of the CoC	Within 7 days from constitution of CoC	T+14
Regulation 43	FSubmission of IM	Within 14 days from commencement of PPIRP	T+14
Regulation 43	Publication for invitation for resolution plan	Within 21 days from commencement of PPIRP	T+21
Regulation 43	Receipt of resolution plans	At least 15 days from publication for IFRP	T+36
Regulation 47 & 48	Evaluation and approval of resolution plan	Within 89 days from commencement of PPIRP	T+89
Regulation 41	RP to form opinion on avoidance transactions	Within 30 days from commencement of PPIRP	T+30
	RP to make determination on avoidance transactions	Within 45 days from commencement of PPIRP	T+45
	RP to file application to AA for appropriate relief	Within 60 days from commencement of PPIRP	T+60
Section 54D / Regulation 48	Submission of CoC approved resolution plan / application for termination of PPIRP	Within 90 days from commencement of PPIRP	T+90
Section 54L	Approval of	Within 30 days of	T+120
	resolution plan / order for termination of PPIRP	application under section 54D

FORMS

Form 1: Rules Application by Corporate Applicant to initiative PPIRP

Form P1: Regulations Written consent by IP to act as RP / IRP

Form P2: List of creditors to be provided by the applicant

Form P3: Approval of terms of appointment of RP, by UFCs

Form P4: Approval for filing application to initiate PPIRP, by UFCs

Form P5: Written consent by IP to act as AR

Form P6: Declaration by majority of directors / partners

Form P7: Declaration regarding existence of avoidance transaction(s)

Form P8: Report by the IP proposed to be appointed as the RP

Form P9: Public announcement by the RP

Form P10: List of claims by the CD

Form P11: Brief particulars of the invitation for resolution plans

Form P12: Compliance certificate by the RP

Form P13: Application for termination of PPIRP