Financial creditor claims require proof through electronic submission, with debt shown by utility records or supporting financial documents. A financial creditor, other than a financial creditor belonging to a class of creditors, must submit a claim with proof to the interim resolution professional in electronic form in the form notified by the Board through circular. Supplementary documents or clarifications may be furnished before the committee is constituted. The existence of the debt may be proved from information utility records or other relevant documents, including a financial contract supported by financial statements, drawdown records, financial statements showing non-payment, or an adjudication order on non-payment.
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 proof through electronic submission, with debt shown by utility records or supporting financial documents.
A financial creditor, other than a financial creditor belonging to a class of creditors, must submit a claim with proof to the interim resolution professional in electronic form in the form notified by the Board through circular. Supplementary documents or clarifications may be furnished before the committee is constituted. The existence of the debt may be proved from information utility records or other relevant documents, including a financial contract supported by financial statements, drawdown records, financial statements showing non-payment, or an adjudication order on non-payment.
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