https://www.taxtmi.com/manuals?id=3100 The liquidator must verify claims submitted within the prescribed period and may admit or reject them wholly or partly, requiring additional documents as necessary. Claimants bear proof costs; verification costs form part of liquidation costs and may be recovered from false claimants. Imprecise claims are estimated by the liquidator. Foreign currency claims are converted at the official exchange rate on the liquidation commencement date. Periodical payments are claimable only up to commencement; claims not yet due may be admitted but are discounted for time value. Mutual credits and set off determine net obligations between parties. en-us Thu, 17 Aug 2023 15:45:00 +0530 Fri, 08 Dec 2023 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3100 The liquidator must verify claims submitted within the prescribed period and may admit or reject them wholly or partly, requiring additional documents as necessary. Claimants bear proof costs; verification costs form part of liquidation costs and may be recovered from false claimants. Imprecise claims are estimated by the liquidator. Foreign currency claims are converted at the official exchange rate on the liquidation commencement date. Periodical payments are claimable only up to commencement; claims not yet due may be admitted but are discounted for time value. Mutual credits and set off determine net obligations between parties. Manuals IBC Thu, 17 Aug 2023 15:45:00 +0530 https://www.taxtmi.com/manuals?id=3100