(1) The resolution professional shall prepare an information memorandum in such form and manner containing such relevant information as may be specified by the Board for formulating a resolution plan.
(2) The resolution professional shall provide to the resolution applicant access to all relevant information in physical and electronic form, provided such resolution applicant undertakes—
- to comply with provisions of law for the time being in force relating to confidentiality and insider trading;
- to protect any intellectual property of the corporate debtor it may have access to; and
- not to share relevant information with third parties unless clauses (a) and (b) of this sub-section are complied with.