List out the MSMEs which cannot opt for Pre-Packaged Insolvency Resolution Process (PPIRP).

In terms of the Insolvency and Bankruptcy Code, 2016 when a corporate debtor classified as a micro, small or medium enterprise under sub-section (1) of section 7 of the Micro, Small and Medium Enterprises Development Act, 2006, commits minimum default of ₹ 10 lakhs, it can opt for Pre-Packaged Insolvency Resolution Process (PPIRP). The Central Government can increase minimum default limit to ₹ 1 crore. The following MSMEs cannot opt for Pre-packaged Insolvency Resolution Process (PPIRP): MSME which has completed PPIRP or completed Corporate Insolvency Resolution Process (CIRP), as the case may be, during the period of three years preceding the initiation date; MSME which is undergoing a CIRP; MSME which is undergoing a liquidation under section 33; and MSME not eligible to submit a resolution plan under section 29A.