REGULATIONS
2.4. The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Chapter I. PRELIMINARY
Chapter II. GENERAL
Chapter III. PUBLIC ANNOUNCEMENT
Chapter IV. PROOF OF CLAIMS
- Claims by operational creditors.
- Claims by financial creditors.
- Claims by workmen and employees.
- Substantiation of claims.
- Cost of proof.
- Submission of proof of claims.
- Verification of claims.
- Determination of amount of claim.
- Debt in foreign currency.
Chapter V. COMMITTEE OF CREDITORS
Chapter VI. MEETINGS OF THE COMMITTEE
- Meetings of the committee.
- Notice for meetings of the committee.
- Service of notice by electronic means.
- Contents of the notice for meeting.
- Quorum at the meeting.
- Participation through video conferencing.
- Conduct of meeting.
Chapter VII. VOTING BY THE COMMITTEE
Chapter VIII. CONDUCT OF CORPORATE INSOLVENCY RESOLUTION PROCESS
- Appointment of registered valuers.
- Transfer of debt due to creditors.
- Sale of assets outside the ordinary course of business.
- Assistance of local district administration.
Chapter IX. INSOLVENCY RESOLUTION PROCESS COSTS
- Insolvency resolution process costs.
- Essential supplies.
- Costs of the interim resolution professional.
- Resolution professional costs.
Chapter X. RESOLUTION PLAN