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        Regulation 8 - Claims by financial creditors.

        Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016
        Chapter IV
        PROOF OF CLAIMS

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        Proof of claim by financial creditors requires electronic submission in the prescribed form with specified documentary evidence. A financial creditor must submit proof of claim electronically to the interim resolution professional in the prescribed form, with the opportunity to supply supplementary documents or clarifications before the committee is constituted. Debt existence must be evidenced by information utility records where available, a financial contract supported by financial statements, records showing facility drawdown, financial statements showing non-payment, or a court/tribunal order adjudicating non-payment.
                    Provisions expressly mentioned in the judgment/order text.

                        Proof of claim by financial creditors requires electronic submission in the prescribed form with specified documentary evidence.

                        A financial creditor must submit proof of claim electronically to the interim resolution professional in the prescribed form, with the opportunity to supply supplementary documents or clarifications before the committee is constituted. Debt existence must be evidenced by information utility records where available, a financial contract supported by financial statements, records showing facility drawdown, financial statements showing non-payment, or a court/tribunal order adjudicating non-payment.





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