Creditor objections to qualifying debts let the resolution professional examine, amend the debt list, or seek directions. Creditors named in the qualifying-debt order may object to inclusion or incorrectness of qualifying-debt details by application to the resolution professional with prescribed supporting information; the resolution professional must consider every objection, examine relevant matters, accept or reject objections within the statutory examination period, and may prepare an amended list of qualifying debts, apply to the Adjudicating Authority for directions, or take other necessary steps relating to the debtor.
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.
Creditor objections to qualifying debts let the resolution professional examine, amend the debt list, or seek directions.
Creditors named in the qualifying-debt order may object to inclusion or incorrectness of qualifying-debt details by application to the resolution professional with prescribed supporting information; the resolution professional must consider every objection, examine relevant matters, accept or reject objections within the statutory examination period, and may prepare an amended list of qualifying debts, apply to the Adjudicating Authority for directions, or take other necessary steps relating to the debtor.
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