CONDUCT OF THE FAST TRACK PROCESS - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
CONDUCT OF THE FAST TRACK PROCESS - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
Proof of claim submission may continue until committee approval; admitted financial creditors join without affecting earlier decisions. Creditors must submit proof of claim by the public announcement deadline; late submissions are permitted to the interim or resolution professional until ... Summary
Proof of claim submission may continue until committee approval; admitted financial creditors join without affecting earlier decisions.
Creditors must submit proof of claim by the public announcement deadline; late submissions are permitted to the interim or resolution professional until the committee approves a resolution plan. Admitted financial creditors are included in the committee from admission date, without affecting the validity of prior committee decisions.
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