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of <h1>Operational Creditors Use Proof of Claim Form Under Regulation 7 for Fast Track Insolvency Resolution Process</h1> This document is a proof of claim form used by operational creditors, excluding workmen and employees, under Regulation 7 of the Insolvency and Bankruptcy Board of India Regulations, 2017. It is submitted to the Interim Resolution Professional or Resolution Professional during a fast track insolvency resolution process for corporate debtors. The form requires the operational creditor to provide details such as their name, identification number, address, total claim amount, supporting documents, any disputes, and details of mutual credits or debts. The creditor must also attach documents proving the claim and provide a bank account for potential claim transfers. An affidavit affirms the claim's validity, and a verification section confirms the accuracy of the information provided.
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