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of <h1>Financial Creditors Must Submit Claims Electronically Using Form C Under 2016 Insolvency Regulations; Recent Amendments Noted.</h1> Claims by financial creditors under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, require submission of a claim with proof to the interim resolution professional in electronic form using Form C of Schedule-I. Creditors may provide additional documents or clarifications before the committee's constitution. The existence of debt can be evidenced through records from an information utility, financial contracts supported by financial statements, records of amounts drawn by the corporate debtor, financial statements showing unpaid debt, or a court order adjudicating non-payment. Recent amendments have updated the terminology and submission requirements.
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