Official liquidator claim procedure requires notice to creditors, listing of claims, and written reasons for acceptance or rejection. The Official Liquidator must call upon creditors to prove their claims in the prescribed manner within the prescribed timeframe after appointment, prepare a list of creditor claims in the prescribed form, and communicate to each creditor whether their claim is accepted or rejected along with written reasons for the determination.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Official liquidator claim procedure requires notice to creditors, listing of claims, and written reasons for acceptance or rejection.
The Official Liquidator must call upon creditors to prove their claims in the prescribed manner within the prescribed timeframe after appointment, prepare a list of creditor claims in the prescribed form, and communicate to each creditor whether their claim is accepted or rejected along with written reasons for the determination.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
