Verification of claim

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Full Text of the Document

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....^1[:] ^2[Provided that where the liquidator rejects a claim, he shall record in writing the reasons for such rejection.] ^4[(2) The liquidator shall communicate his decision of admission or rejection of claims to the stakeholder within seven days of such admission or rejection of claims.] ^3[(3)] A creditor may ^5[approach] the Adjudicating Authority against the decision of the liqui....