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Section 102: Public notice and claims from creditors.

The Insolvency and Bankruptcy Code, 2016.Central Act · Act 31 of 2016

(1) The Adjudicating Authority shall issue a public notice within seven days of passing the order under section 100 inviting claims from all creditors within twenty-one days of such issue.

(2) The notice under sub-section (1) shall include—

(a) details of the order admitting the application;

(b) particulars of the resolution professional with whom the claims are to be registered; and

(c) the last date for submission of claims.

(3) The notice shall be—

(a) published in at least one English and one vernacular newspaper which is in circulation in the state where the debtor resides;

(b) affixed in the premises of the Adjudicating Authority; and

(c) placed on the website of the Adjudicating Authority.

Where this provision sits

ActThe Insolvency and Bankruptcy Code, 2016.
Section102
Marginal notePublic notice and claims from creditors.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it4

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