https://www.taxtmi.com/acts?id=31553 A claimant bears the cost of proving its claim. Costs incurred by the liquidator for verification and determination of a claim form part of liquidation cost. If a claim or part of a claim is found to be false, the liquidator shall endeavor to recover the costs incurred for verification and determination from such claimant and shall provide the details of the claimant to the Board. en-us Thu, 04 Jan 2018 10:56:19 +0530 Thu, 04 Jan 2018 10:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31553 A claimant bears the cost of proving its claim. Costs incurred by the liquidator for verification and determination of a claim form part of liquidation cost. If a claim or part of a claim is found to be false, the liquidator shall endeavor to recover the costs incurred for verification and determination from such claimant and shall provide the details of the claimant to the Board. Act-Rules IBC Thu, 04 Jan 2018 10:56:19 +0530 https://www.taxtmi.com/acts?id=31553