Claim Filing Under IBC: A Step-by-Step Guide

Ancoraa Resolution30 Dec, 2023Business

It is crucial to note that a claim only exists when there is a legitimate entitlement to receive payment. In the absence of a valid right to receive payment, there is no recognized claim. Under the code, any creditor (operational or financial), employees, workmen, or home Buyers can make the claim. To successfully receive your dues from the debtors, it is crucial to know the detailed process of claim filing under the IBC and file the claim correctly.