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 process requires creditors to file Form F with documentary or information utility evidence for insolvency verification. Regulation 9A requires a creditor not covered by specified classes to submit proof of claim to the interim resolution professional or resolution ... Summary
Proof of claim process requires creditors to file Form F with documentary or information utility evidence for insolvency verification.
Regulation 9A requires a creditor not covered by specified classes to submit proof of claim to the interim resolution professional or resolution professional in person, by post or electronically in Form F; the claim may be proved by information utility records or other documents such as demand papers, creditor bank statements showing non-satisfaction, or a court or tribunal order adjudicating non-satisfaction.
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