https://www.taxtmi.com/article/detailed?id=11882 The amendments require creditors to file detailed evidence including a chronology of debt and default; impose obligations on corporate debtor personnel to assist and hand over records and assets to the IRP/RP with inventory and witness signatures; revise claim submission and verification procedures including allowance for late claims with reasons and IRP/RP categorization and notification; mandate disclosure of debt assignments during CIRP; expand mechanisms for replacing authorized representatives and increase their remuneration; permit committee-proposed audits treated as insolvency costs; and tighten timelines for information memoranda and requests for resolution plans. en-us Sat, 23 Sep 2023 09:37:46 +0530 Sat, 23 Sep 2023 09:37:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11882 The amendments require creditors to file detailed evidence including a chronology of debt and default; impose obligations on corporate debtor personnel to assist and hand over records and assets to the IRP/RP with inventory and witness signatures; revise claim submission and verification procedures including allowance for late claims with reasons and IRP/RP categorization and notification; mandate disclosure of debt assignments during CIRP; expand mechanisms for replacing authorized representatives and increase their remuneration; permit committee-proposed audits treated as insolvency costs; and tighten timelines for information memoranda and requests for resolution plans. Articles Corporate Laws / IBC / SEBI Sat, 23 Sep 2023 09:37:46 +0530 https://www.taxtmi.com/article/detailed?id=11882