Commercial's A Complete Guide on Resolution Plan Under Insolvency and Bankruptcy Code, 2016" by Adv. Santosh Kumar, 2025 edition, is a comprehensive resource that delves into the intricacies of the resolution plan process under India's Insolvency and Bankruptcy Code (IBC). This guide is particularly valuable for legal professionals, students, and stakeholders involved in insolvency proceedings.

Key Features:

• Detailed Analysis of the Resolution Process: The book offers an in-depth exploration of each stage in the resolution process, from the initiation of insolvency proceedings to the final approval of the resolution plan.

• Role of the Resolution Professional: It examines the critical functions and responsibilities of the resolution professional, providing insights into their duties and the challenges they may encounter.

• Information Memorandum and Expression of Interest: The guide discusses the preparation and significance of the information memorandum and the process of inviting expressions of interest from potential resolution applicants.

• Evaluation Matrix and Mandatory Contents: It outlines the evaluation criteria for resolution plans and details the mandatory components that must be included in a resolution plan to ensure compliance with the IBC.

• Committee of Creditors' Consideration: The book explores how the Committee of Creditors assesses and decides on the resolution plans, highlighting the decision-making process and the factors influencing their choices.

• Adjudicating Authority's Approval: It provides insights into the role of the adjudicating authority in approving or rejecting resolution plans, including the legal considerations and precedents that may impact their decisions.

• Implementation and Monitoring: The guide discusses the post-approval phase, focusing on the implementation of the resolution plan and the mechanisms for monitoring its progress to ensure adherence to the approved terms.