11. The following persons shall not be entitled to make an application to
initiate corporate insolvency resolution process under this Chapter,
namely:-
(a) a corporate debtor undergoing a corporate insolvency resolution process;
or
(b) a corporate debtor having completed corporate insolvency resolution
process twelve months preceding the date of making of the application; or
(c) a corporate debtor or a financial creditor who has violated any of the
terms of resolution plan which was approved twelve months before the date of
making of an
application under this Chapter; or
(d) a corporate debtor in respect of whom a liquidation order has been made.
Explanation.-For the purposes of this section, a corporate debtor includes a
corporate applicant in respect of such corporate debtor.