Section 29A(c) states that a person is ineligible to submit a resolution plan if at the time of submission of a resolution plan such person has a non-performing asset account. And one year has lapsed since the account was such classified and commencement of CIRP. Which of the following is the Supreme Court’s interpretation of the above disqualification?

A person can become eligible under Section 29A(c) if they undertake an obligation to pay the overdue amounts under the non-performing asset account if their resolution plan is approved by the CoC
A person can become eligible under Section 29A(c) only if they pay the overdue amounts under the non-performing asset account before submitting their resolution plan
A person can become eligible under Section 29A(c) if they undertake an obligation to pay the overdue amounts under the non-performing asset account if their resolution plan is approved by the NCLT
A person can become eligible under Section 29A(c) if they undertake an obligation to pay the overdue amounts under the non-performing asset account as part of the resolution plan