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<h1>Corporate Insolvency Process Begins: Submit Claims by Deadline per Regulation 6, IBBI Regulations 2016. False Claims Penalized.</h1> The document is a public announcement under Regulation 6 of the Insolvency and Bankruptcy Board of India Regulations, 2016, regarding the commencement of a corporate insolvency resolution process for a corporate debtor as ordered by the National Company Law Tribunal. Creditors are instructed to submit their claims with proof to the interim resolution professional by a specified deadline. Financial creditors must submit claims electronically, while other creditors have multiple submission options. Creditors in specific classes must choose an authorized representative from listed insolvency professionals. False claims will incur penalties. The announcement includes relevant particulars about the corporate debtor and the interim resolution professional.
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