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of <h1>Creditors Must Notify Resolution Professional of Debt Assignment Details for Personal Guarantor Insolvency Process</h1> During the insolvency resolution process for personal guarantors to corporate debtors, if a creditor assigns or transfers their debt, both the creditor and the assignee must provide the resolution professional with the assignment terms and the assignee's details. The resolution professional is required to inform each creditor and the Adjudicating Authority of any changes in the creditor list within two days of the change.
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