Access to information: liquidator empowered to obtain corporate debtor data from public and regulatory databases for claim assessment. Liquidators may access information systems and databases-including information utilities, credit information systems, government and registration authorities, liability and security registries, and Board databases-to admit and prove claims and identify liquidation estate assets; they may seek cooperation from past or present officers, insolvency professionals, and any person holding corporate debtor property, and may apply to the Adjudicating Authority when reasonable attempts to obtain information directly have failed. Creditors can request financial information from the liquidator, who must comply within the prescribed period or provide reasons for refusal.
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.
Access to information: liquidator empowered to obtain corporate debtor data from public and regulatory databases for claim assessment.
Liquidators may access information systems and databases-including information utilities, credit information systems, government and registration authorities, liability and security registries, and Board databases-to admit and prove claims and identify liquidation estate assets; they may seek cooperation from past or present officers, insolvency professionals, and any person holding corporate debtor property, and may apply to the Adjudicating Authority when reasonable attempts to obtain information directly have failed. Creditors can request financial information from the liquidator, who must comply within the prescribed period or provide reasons for refusal.
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