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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Creditor Files Claim Under Regulation 8A for Insolvency Resolution, Details Debt, Security, and Voting Eligibility</h1> A financial creditor submits a claim under Regulation 8A of the Insolvency and Bankruptcy Code for the insolvency resolution process of a corporate debtor. The claim includes the creditor's identification, address, total claim amount, documents substantiating the debt, and details of any mutual dealings with the debtor. It also specifies any security held, the bank account for claim transfers, and the authorized insolvency professional representing the creditor class. The claimant declares the claim's validity, discloses any mutual credits, and confirms their eligibility to vote, even if related to the debtor. The document concludes with a verification of the claim's accuracy.
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