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Filing of list of creditors under clause (ca) of sub-regulation (2) of regulation 13 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
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Filing of creditor list on central electronic platform required to enhance transparency and enable stakeholder claim verification. The circular requires the interim resolution professional or resolution professional to file, maintain and update the list of creditors on the IBBI electronic platform under clause (ca) of sub regulation (2) of regulation 13 of the CIRP Regulations, 2016, for dissemination on the Board's website. The obligation applies to CIRPs ongoing as on 13 November 2020 and to those commencing thereafter. The Board's website provides for multiple filings and the circular annexes prescribed formats and category wise templates specifying identification, claim details, admitted amounts, security or guarantee coverage, related party status and voting share details.
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Filing of creditor list on central electronic platform required to enhance transparency and enable stakeholder claim verification.
The circular requires the interim resolution professional or resolution professional to file, maintain and update the list of creditors on the IBBI electronic platform under clause (ca) of sub regulation (2) of regulation 13 of the CIRP Regulations, 2016, for dissemination on the Board's website. The obligation applies to CIRPs ongoing as on 13 November 2020 and to those commencing thereafter. The Board's website provides for multiple filings and the circular annexes prescribed formats and category wise templates specifying identification, claim details, admitted amounts, security or guarantee coverage, related party status and voting share details.
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