Section 105 · Repayment plan

(1) The debtor shall prepare, in consultation with the resolution professional, a repayment plan containing a proposal to the creditors for restructuring of his debts or affairs.

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(2) The repayment plan may authorise or require the resolution professional to—

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(a) carry on the debtor's business or trade on his behalf or in his name; or

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(b) realise the assets of the debtor; or

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(c) administer or dispose of any funds of the debtor.

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(3) The repayment plan shall include the following, namely:—

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(a) justification for preparation of such repayment plan and reasons on the basis of which the creditors may agree upon the plan;

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(b) provision for payment of fee to the resolution professional;

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(c) such other matters as may be specified

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