Preparation of list of creditors: compile debtor disclosures and received claims, then complete within the prescribed period after notice. The resolution professional must prepare the list of creditors based on the debtor's disclosures in its insolvency application and claims received by the resolution professional, compiling and aggregating these entries. The professional is required to complete this compilation within the prescribed period from the date of the notice, ensuring the list accurately reflects the claims landscape for the insolvency resolution process.
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.
Preparation of list of creditors: compile debtor disclosures and received claims, then complete within the prescribed period after notice.
The resolution professional must prepare the list of creditors based on the debtor's disclosures in its insolvency application and claims received by the resolution professional, compiling and aggregating these entries. The professional is required to complete this compilation within the prescribed period from the date of the notice, ensuring the list accurately reflects the claims landscape for the insolvency resolution process.
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