(1) On the completion of the period specified in section 85, or on the receipt of the report submitted by the resolution professional where no objections have been received or the objections have been rejected, the Adjudicating Authority shall pass a discharge order in relation to the qualifying debts mentioned in the application.
(2) The discharge order under sub-section (1) shall be passed within seven days of the expiry of the period of moratorium or the receipt of the report of the resolution professional, as the case may be.
(3) On the passing of the discharge order, the moratorium under section 85 shall cease to have effect.
(4) The discharge order shall be sent to the debtor, all the creditors and the Board.
(5) The discharge order shall release the debtor from the qualifying debts mentioned in the application.
(6) The discharge order shall not release the debtor from excluded debts.