https://www.taxtmi.com/acts?id=31597 Verification of claims under the corporate insolvency resolution process requires the interim resolution professional or resolution professional to verify every claim within seven days from the last date for receipt of claims, maintain and update a list of creditors, and admit or reject each claim in whole or in part with reasons communicated to the creditor. Late claims received up to seven days before the relevant creditors' meeting must also be verified, categorised as acceptable or non-acceptable for collation, and communicated with reasons where non-acceptable. The list of creditors must be made available for inspection, displayed, filed, and presented at the first committee meeting. en-us Thu, 04 Jan 2018 12:57:03 +0530 Fri, 05 Jun 2026 14:52:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31597 Verification of claims under the corporate insolvency resolution process requires the interim resolution professional or resolution professional to verify every claim within seven days from the last date for receipt of claims, maintain and update a list of creditors, and admit or reject each claim in whole or in part with reasons communicated to the creditor. Late claims received up to seven days before the relevant creditors' meeting must also be verified, categorised as acceptable or non-acceptable for collation, and communicated with reasons where non-acceptable. The list of creditors must be made available for inspection, displayed, filed, and presented at the first committee meeting. Act-Rules IBC Thu, 04 Jan 2018 12:57:03 +0530 https://www.taxtmi.com/acts?id=31597