Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2017 - IBBI/2017-18/GN/REG013 - Insolvency and Bankruptcy
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Proof of claim procedures require standardized submission and evidentiary proof for non financial creditors in corporate insolvency. A new Regulation 9A requires creditors other than those covered as financial or operational creditors to submit proof of claim to the interim resolution professional or resolution professional in person, by post or electronically in Form F. Claims may be evidenced by information utility records or other documents, including demand notices, bank statements, or adjudicative orders. The Schedule is amended to mandate electronic submission by financial creditors, and Form F standardises particulars, supporting documents, set off disclosures, security details, bank account information, and an affidavit and verification to affirm the existence and non satisfaction of the claim.
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.
Proof of claim procedures require standardized submission and evidentiary proof for non financial creditors in corporate insolvency.
A new Regulation 9A requires creditors other than those covered as financial or operational creditors to submit proof of claim to the interim resolution professional or resolution professional in person, by post or electronically in Form F. Claims may be evidenced by information utility records or other documents, including demand notices, bank statements, or adjudicative orders. The Schedule is amended to mandate electronic submission by financial creditors, and Form F standardises particulars, supporting documents, set off disclosures, security details, bank account information, and an affidavit and verification to affirm the existence and non satisfaction of the claim.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.