Submission of Claims Under IBC: A Comprehensive Guide

Ancoraa Resolution27 Oct, 2023Finance

Here is a specific time frame within which creditors must Submission of Claims Under IBC. As per Section 12 of the IBC, creditors must submit their claims to the IRP within 14 days of the insolvency commencement date. The insolvency commencement date is the date on which the insolvency resolution process begins.