Financial creditor claims require electronic proof of debt, supported by records, contracts, statements, or adjudication evidence. A person claiming to be a financial creditor in a voluntary liquidation process must submit proof of claim to the liquidator electronically in the form notified by the Board. Debt may be proved from records in an information utility or from other relevant documents, including a financial contract supported by financial statements, records showing drawdown of committed amounts, financial statements evidencing non-repayment, or an order adjudicating non-payment of the debt.
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.
Financial creditor claims require electronic proof of debt, supported by records, contracts, statements, or adjudication evidence.
A person claiming to be a financial creditor in a voluntary liquidation process must submit proof of claim to the liquidator electronically in the form notified by the Board. Debt may be proved from records in an information utility or from other relevant documents, including a financial contract supported by financial statements, records showing drawdown of committed amounts, financial statements evidencing non-repayment, or an order adjudicating non-payment of the debt.
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