CONDUCT OF THE FAST TRACK PROCESSInsolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
CONDUCT OF THE FAST TRACK PROCESSInsolvency 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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