https://www.taxtmi.com/acts?id=31151 Proof of debt requires the bankruptcy trustee to notify creditors to submit claims in prescribed form with full particulars of debt and security; decree holders may submit a copy of the decree; interest is provable only up to the bankruptcy commencement date; the trustee estimates unvalued debts and that estimate governs the amount provable; creditors with post commencementdue debts may prove as if presently owed and share in dividends; secured creditors who fail to file proof may lead to trustee, with leave, disposing of the secured property free of security. en-us Tue, 02 Jan 2018 16:51:28 +0530 Fri, 06 Dec 2019 12:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31151 Proof of debt requires the bankruptcy trustee to notify creditors to submit claims in prescribed form with full particulars of debt and security; decree holders may submit a copy of the decree; interest is provable only up to the bankruptcy commencement date; the trustee estimates unvalued debts and that estimate governs the amount provable; creditors with post commencementdue debts may prove as if presently owed and share in dividends; secured creditors who fail to file proof may lead to trustee, with leave, disposing of the secured property free of security. Act-Rules IBC Tue, 02 Jan 2018 16:51:28 +0530 https://www.taxtmi.com/acts?id=31151