Public announcement of CIRP requires specified corporate details, IRP appointment, claim submission deadline and publication protocols. Public announcement of CIRP must specify the corporate debtor's name and address, the registering authority, the interim resolution professional tasked with receiving claims, penalties for false or misleading claims, and the CIRP closing date; it is a call for proofs of claim with a stated last submission date. The IRP must publish Form A (Schedule I) within three days of appointment in one English and one regional newspaper at key locations, on the debtor's website if any, and on any Board-designated website, state where claim forms are available, offer three authorised representative choices for creditors, and the applicant initially bears announcement expenses subject to committee ratification.
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Provisions expressly mentioned in the judgment/order text.
Public announcement of CIRP requires specified corporate details, IRP appointment, claim submission deadline and publication protocols.
Public announcement of CIRP must specify the corporate debtor's name and address, the registering authority, the interim resolution professional tasked with receiving claims, penalties for false or misleading claims, and the CIRP closing date; it is a call for proofs of claim with a stated last submission date. The IRP must publish Form A (Schedule I) within three days of appointment in one English and one regional newspaper at key locations, on the debtor's website if any, and on any Board-designated website, state where claim forms are available, offer three authorised representative choices for creditors, and the applicant initially bears announcement expenses subject to committee ratification.
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