2.5.16:Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

(1) A person, who claims to be a stakeholder, shall submit its claim, or update its claim submitted during the corporate insolvency resolution process, including interest, if any, on or before the last date mentioned in the public announcement. 

(2) A person shall prove its claim for debt or dues to him, including interest, if any, as on the liquidation commencement date. 

 A stakeholder shall update its claim as and when the claim is satisfied, partly or fully, from any source in any manner, after the insolvency commencement date

16. Proof of claim.

A person, who claims to be a stakeholder, shall prove his claim for debt or dues to him, including interest, if any, as on the liquidation commencement date.