https://www.taxtmi.com/acts?id=32471 Determination of class of creditors under the corporate insolvency resolution process requires the interim resolution professional to examine the corporate debtor's books of account and relevant records and identify any creditor class present. For representation of a creditor class in the committee, the interim resolution professional must select three insolvency professionals who are not relatives or related parties, are eligible to act as resolution professional, and are willing to serve as authorised representative of the class. The selection is linked to the State or Union Territory with the highest number of creditors in the class, subject to availability, and consent must be obtained in the notified form. en-us Fri, 06 Jul 2018 11:18:21 +0530 Fri, 05 Jun 2026 14:12:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32471 Determination of class of creditors under the corporate insolvency resolution process requires the interim resolution professional to examine the corporate debtor's books of account and relevant records and identify any creditor class present. For representation of a creditor class in the committee, the interim resolution professional must select three insolvency professionals who are not relatives or related parties, are eligible to act as resolution professional, and are willing to serve as authorised representative of the class. The selection is linked to the State or Union Territory with the highest number of creditors in the class, subject to availability, and consent must be obtained in the notified form. Act-Rules IBC Fri, 06 Jul 2018 11:18:21 +0530 https://www.taxtmi.com/acts?id=32471