Liquidation Process Regulation 25 of IBBI (Liquidation Process) Regulations, 2016 – Determination of quantum of claim

The Insolvency and Bankruptcy Code, 2016 IBBI (Liquidation Process) Regulations, 2016 Chapter-V Claims Regulation 25: Determination of quantum […]

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The Insolvency and Bankruptcy Code, 2016

IBBI (Liquidation Process) Regulations, 2016

Chapter-V Claims

Regulation 25: Determination of quantum of claim.

25. Where the amount claimed by a claimant is not precise due to any contingency or any other reason, the liquidator shall make the best estimate of the amount of the claim based on the information available with him.



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