Insolvency Resolution Professional Must Collate Claims from Creditors, Draft Agreement for Approval by Dutch Administrator.

Duties of IRP - collation of claims of "financial creditors", "operational creditors", etc., both domestic and international - "committee of creditors" allowed to guide the "resolution professional" to enable him to prepare a (draft) agreement showing the terms and conditions to take up the matter with the administrator of Holland for his consent. .....

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