Duties of interim resolution professional [ section 18 ]

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....orporate debtor for determining the financial position of the corporate debtor, including information relating to- * (i) business operations for the previous two years; * (ii) financial and operational payments for the previous two years; * (iii) list of assets and liabilities as on the initiation date; and * (iv) such other matters as may be specified; As per Section 18(1)(b) receive and....

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....taken by the IRP after his appointment is to make public announcement and invite claims from the creditors of the CD. Section 15 of the IBC and regulation 6 of the CIRP Regulations detail the information the public announcement must contain. This includes: * the name and address of the CD under the CIRP; * the name of the authority with which the CD is registered; * the last date for submiss....

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....ffice of the CD and in any other location which, in the opinion of the IRP, the CD conducts material business operations; * • on the website of the CD (if any); and * • on the website of the IBBI * The cost of the public announcement is to be borne by the applicant who made the application to the AA for initiating the CIRP. Such costs may be reimbursed by the CoC to the extent that....

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....utility or the depository of securities or any other registry that records the ownership of assets including- * (i) assets over which the corporate debtor has ownership rights which may be located in a foreign country; * (ii) assets that may or may not be in possession of the corporate debtor; * (iii) tangible assets, whether movable or immovable; * (iv) intangible assets including intelle....