TMI BlogInsolvency and Bankruptcy (Application to Adjudicating Authority) Amendment Rules, 2019.X X X X Extracts X X X X X X X X Extracts X X X X ..... and (f) of sub-section (1) of section 239 read with sections 7 , 8 , 9 and 10 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following rules to amend the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules 2016 , namely:- 1. (1) These rules may be called the Insolvency and Bankruptcy (Application to Adjudicating Au ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... OF CREDITORS OR AMOUNT OF DEBT (iii) CATEGORY OF CORPORATE PERSON (WHERE APPLICATION IS UNDER CHAPTER IV OF PART II OF THE CODE) ; (b) in Form 5, - (i) for the heading, the following heading shall be substituted, namely:- APPLICATION BY OPERATIONAL CREDITOR (S) TO INITIATE CORPORATE INSOLVENCY RESOLUTION PROCESS *UNDER CHAPTER II OF PART II/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hichever is not applicable] ; (ii) in Part-I, after serial number 8, the following shall be inserted, namely:- 9. DETAILS OF THE CORPORATE DEBTOR AS PER THE NOTIFICATION UNDER SECTION 55 (2) OF THE CODE (i) ASSETS AND INCOME (ii) CLASS OF CREDITORS OR AMOUNT OF DEBT (iii) CATEGORY OF CORPORATE PERSON (WHERE APPLICATION IS UNDER CHAP ..... X X X X Extracts X X X X X X X X Extracts X X X X
|