The paper outlines three main proposals. It mandates that the Committee of Creditors (CoC) must formally deliberate on a resolution applicant’s eligibility under Section 29A of IBC and record these discussions in the meeting minutes. It suggests requiring resolution applicants to make enhanced disclosures, including a statement of beneficial ownership and an affidavit regarding their eligibility for immunity under Section 32A of the Code. It also recommends the use of a digital platform for inviting and submitting resolution plans, similar to the one already in use for liquidation processes. The feedback/ comments from stakeholders are invited.