Uploaded on May 8, 2024
As per the IBC, a claim is the entitlement to repayment for an outstanding amount owed to a company experiencing financial distress.
How are Claims under IBBI Filed by Applicants
Claims Filing: How are Claims
under IBBI Filed by Applicants?
WHAT IS CLAIMS FILING?
• As per the IBC, a claim is the entitlement to repayment
for an outstanding amount owed to a company
experiencing financial distress.
• Claims Filing under IBBI represent a financial request
made by a creditor to a company undergoing insolvency
proceedings.
ONLINE CLAIM FILING UNDER IBC
• Visit the "Insolvency and Bankruptcy Board"
section of the IBBI website.
• Gather details such as Corporate Identification
Number (CIN) or case number provided by NCLT.
• Register on IBBI Portal by creating an account by
providing personal information.
• Navigate to the area designated for filing claims.
• Fill out online claim form by providing necessary
details and uploading supporting documents.
• Review and submit the form online, receiving a
confirmation receipt.
Claims Filing: How are Claims under IBBI Filed by Applicants?
OFFLINE CLAIM FILING UNDER IBC
• Download claim form from the IBBI website or
obtain from the Resolution Professional.
• Fill out offline claim form and attach supporting
documents.
• Send the completed form to the designated address
provided by the RP/IRP.
• Ensure all documentation is submitted before the
NCLT's deadline.
Claims Filing: How are Claims under IBBI Filed by Applicants?
CONCLUSION
• Filing a claim in IBC is a critical step in insolvency
resolution, ensuring creditors' rights are protected.
• Utilising both online and offline methods provides
flexibility for claimants.
Claims Filing: How are Claims under IBBI Filed by Applicants?
THANK YOU
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