Public announcement requirement: interim resolution professional must publish notice, provide claim form details and submission deadline. An interim resolution professional must, within three days of appointment, issue a public announcement in Form A: publish it in one English and one regional newspaper at the corporate debtor's registered and principal office locations and other material business locations; post it on the corporate debtor's website and the Board's designated website; state where claim forms may be obtained or downloaded; offer a choice of three insolvency professionals as authorised representatives under regulation 4A; specify that proofs of claim are due fourteen days from appointment; and note that the applicant bears announcement expenses subject to ratification and reimbursement by the committee.
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.
Public announcement requirement: interim resolution professional must publish notice, provide claim form details and submission deadline.
An interim resolution professional must, within three days of appointment, issue a public announcement in Form A: publish it in one English and one regional newspaper at the corporate debtor's registered and principal office locations and other material business locations; post it on the corporate debtor's website and the Board's designated website; state where claim forms may be obtained or downloaded; offer a choice of three insolvency professionals as authorised representatives under regulation 4A; specify that proofs of claim are due fourteen days from appointment; and note that the applicant bears announcement expenses subject to ratification and reimbursement by the committee.
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