PROCEEDS OF BANKRUPTCY PROCESS AND DISTRIBUTION OF PROCEEDS - Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
PROCEEDS OF BANKRUPTCY PROCESS AND DISTRIBUTION OF PROCEEDS - Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Periodical payments limited to amounts unpaid as at the bankruptcy commencement date for claims in guarantor insolvency proceedings. A claimant may recover only amounts of rent, interest and other periodical payments that were due and unpaid up to the bankruptcy commencement date, ... Summary
Periodical payments limited to amounts unpaid as at the bankruptcy commencement date for claims in guarantor insolvency proceedings.
A claimant may recover only amounts of rent, interest and other periodical payments that were due and unpaid up to the bankruptcy commencement date, excluding post-commencement accruals.
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