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of <h1>Regulation 14: Estimating and Revising Creditor Claims in Insolvency Resolution Process for Corporate Persons in India.</h1> Regulation 14 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 addresses the determination of claim amounts. If a creditor's claim amount is uncertain due to contingencies or other reasons, the interim or resolution professional must estimate the claim based on available information. They are also required to revise the admitted claim amounts, including initial estimates, promptly upon receiving new information that justifies such changes.
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