Corporate debt restructuring applications must include a creditor's responsibility statement in Form No.CAA.1 under the rules. Rule 4 mandates inclusion of a creditor's responsibility statement in Form No.CAA.1 within any scheme of corporate debt restructuring submitted to the Tribunal. It clarifies that a scheme of corporate debt restructuring means any scheme that restructures or varies a company's debt obligations towards its creditors, thereby making the Form No.CAA.1 disclosure a required component of such restructuring schemes.
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.
Corporate debt restructuring applications must include a creditor's responsibility statement in Form No.CAA.1 under the rules.
Rule 4 mandates inclusion of a creditor's responsibility statement in Form No.CAA.1 within any scheme of corporate debt restructuring submitted to the Tribunal. It clarifies that a scheme of corporate debt restructuring means any scheme that restructures or varies a company's debt obligations towards its creditors, thereby making the Form No.CAA.1 disclosure a required component of such restructuring schemes.
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