Legal glossary
“resolution plan”
Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
IBC · s. 5
The Insolvency and Bankruptcy Code, 2016.
(26) "resolution plan" means a plan proposed by[3] [resolution applicant] for insolvency resolution of the corporate debtor as a going concern in accordance with Part II; 4[ Explanation .—For the removal of doubts, it is hereby clarified that a resolution plan may include provisions for the restructuring of the corporate debtor, including by way of merger, amalgamation and demerger;]
Read section 5