Bankruptcy commencement notice calls creditors to submit claims to the bankruptcy trustee by the prescribed deadline; false claims penalised. Notice requires creditors named in the application to submit a claim with proof of the debt to the appointed bankruptcy trustee by the deadline (the date falling seven days from the public announcement); provides trustee contact and registration details; permits electronic or postal submission; warns that false or misleading claims will attract penalties or imprisonment under the Insolvency and Bankruptcy Code, 2016.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bankruptcy commencement notice calls creditors to submit claims to the bankruptcy trustee by the prescribed deadline; false claims penalised.
Notice requires creditors named in the application to submit a claim with proof of the debt to the appointed bankruptcy trustee by the deadline (the date falling seven days from the public announcement); provides trustee contact and registration details; permits electronic or postal submission; warns that false or misleading claims will attract penalties or imprisonment under the Insolvency and Bankruptcy Code, 2016.
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