1.2.10: Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016.
10. Filing of application and application fee.—
(1) Till such time the rules of procedure for conduct of proceedings under the Code are notified, the application made under sub-section (1) of section 7, sub-section (1) of section 9 or sub-section (1) of section 10 of the Code shall be filed before the Adjudicating Authority in accordance with rules 20, 21, 22, 23, 24 and 26 of Part III of the National Company Law Tribunal Rules, 2016.
(2) An applicant under these rules shall immediately after becoming aware, notify the Adjudicating Authority of any winding-up petition presented against the corporate debtor.
(4) The application and accompanying documents shall be filed in electronic form, as and when such facility is made available and as prescribed by the Adjudicating Authority:
Provided that till such facility is made available, the applicant may submit the accompanying documents, and wherever they are bulky, in electronic form, in scanned, legible portable document format in a data storage device such as a compact disc or a USB flash drive acceptable to the Adjudicating Authority
[See sub-rule (3) of rule 10]
|S. No.||Applicant||Fee payable (in Rs.)
|1||Application by financial creditor (whether solely or jointly)||25000|
|2||Application by operational creditor||2000|
|3||Application by corporate debtor||25000