Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Operational Creditors: Submit Proof of Claim in Liquidation Under Insolvency and Bankruptcy Code 2016, Include All Required Details</h1> This document is a template for operational creditors, excluding workmen and employees, to submit a proof of claim during the liquidation process under the Insolvency and Bankruptcy Code, 2016. It requires creditors to provide details such as their identification, address, the total claim amount including interest, and supporting documents. Creditors must also disclose any mutual credits or debts with the debtor, security interests, and bank account details for receiving liquidation proceeds. An affidavit and verification section is included, affirming the truthfulness of the claim and the authenticity of supporting documents.
TaxTMI