As per the Code, a Resolution Professional has to appoint a Resolution Applicant who in-turn is required to prepare different resolution plans for different stakeholders in corporate insolvency resolution process. With close to three decade of Pan-India experience in the role of Resolution Professional for major PSUs & Financial Institutions under our flagship company, we at SMSPL have requisite knowledge & experience to undertake assignment of Resolution Applicant as required under The Insolvency & Bankruptcy Code,2016. As per the code, resolution applicant is required to submit resolution plan within 150 days on the basis of information memorandum to the resolution professional who shall present the same to Committee of Creditors(CoC) for approval of one of the resolution plan by a vote of not less than seventy five per cent of voting share of financial creditors.