Substantiation of claims: insolvency professionals may request evidence or clarification to verify a creditor's claim during resolution. Regulation 10 empowers the interim resolution professional or the resolution professional to call for evidence or clarification from a creditor as deemed fit to substantiate whole or part of its claim during the insolvency resolution process.
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.
Substantiation of claims: insolvency professionals may request evidence or clarification to verify a creditor's claim during resolution.
Regulation 10 empowers the interim resolution professional or the resolution professional to call for evidence or clarification from a creditor as deemed fit to substantiate whole or part of its claim during the insolvency resolution process.
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