privileges whether under law, contract, to enable the corporate debtor lease or license, granted in favour of the remain a going concern. Corporate Debtor or to which the Corporate Debtor is entitled to and evaluate the steps required to address the same and take steps to remedy the same to the extent practically possible; ________________________________ _________________________ ______________________ The period of non-operation i.e. from As the shut down cannot be shutdown date of construction attributed to any action of the work to Implementation Date, shall not SRA who will take over only be counted upon i.e. any approval, grant, from the effective date, the license etc. shall be treated to be in effect period of non-operation is as the same was in effect on the allowed to be not counted upon shutdown date and shall remain valid for from any approval, grant, their residual tenure as on the shutdown license etc, the SRA, however, date of construction work; is directed to approach the appropriate authority in case of expired approvals, grants which are expired. The _ authorities will consider such requirements expeditiously. Keeping in view the objectives of IBC. ________________________________ _________________________ All relevant Governmental Authorities _____________________ These prayers are subject to shall grant relief from payment of stamp the Rules and Regulations of duty, registration charges and applicable the respective authorities and fees (including fees payable to the the same cannot be granted by jurisdictional registrar of companies) as this Tribunal. The SRA to also any fee, costs or charges as may be approach the appropriate payable to Punjab RERA Authority for authority who may consider the change in ownership/ control, revision of same expeditiously keeping in project completion timelines, etc. for the mind the objectives of the Code (i) successful implementation of the Plan to enable the corporate debtor (including for increase in authorised remain a going concern. share capital, any capital reduction, issuance or transfer of shares or debentures, provision of loan and related security interest and release of security interest, as contemplated in this Plan); and (ii) all other related documents that may be executed by the Resolution Applicant and / or the Corporate Debtor in respect of the transactions contemplated under the Plan; ________________________________ ______________________ _________________________
