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What can creditor do in case no notice of insolvency was received
04-Jul-2023 (In Banking / Finance Law)
What can a creditor do if he has not received the notice from the insolvency professional sent during the process of Insolvency and Bankruptcy Proceeding? Is their any limitation period for the creditor to raise an issue against the proceedings? If yes, then what if he has not received such notice, can he raise issue later?
Hello client I have received ur query as per which ur saying that during insolvency proceeding are going on been a creditor u have not received a notice from the insolvency professional who 8s been dealing the matter with the order if the court .yes ur right there is a Pacific limited time to file ur claim with the insolvency claim with the insolvency professional.if u have not done so then u have file a separate suit. To option permission from the court to file ur claim.
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Adv. Vishwanath Pratap Singh
Delhi | 1000+ Answers
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you have to file an application ti the Insolvency Resolution Professional and if your time has elapsed then yuo have to personally reach out and try to get your claim admitted and only then you can be part of creditor committee
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Adv. Palak Nenwani
Delhi | 100+ Answers
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the proceeding is purely separate proceeding, and if any creditor files any case , claim after issue of insolvency proceeding then he has to mention/ claim in thesame court where insolvency proceeding is pending otherwise creditors claim is not maintainable.....
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Adv. Sandeep Saini
Delhi | 50+ Answers
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