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Section 39 - Insolvency and Bankruptcy Code Act, 2016
39. Verification of claims.-
(1) The liquidator shall verify the claims submitted under section 38 within such time as specified by the Board.
(2) The liquidator may require any creditor or the corporate debtor or any other person to produce any other document or evidence which he thinks necessary for the purpose of verifying the whole or any part of the claim.
Related Sections
- Section 10: Initiation of corporate insolvency resolution process by corporate applicant
- Section 65: Fraudulent or malicious initiation of proceedings
- Section 134: Conduct of meeting of creditors
- Section 72: Punishment for wilful and material omissions from statements relating to affairs of corporate debtor
- Section 157: Acquisition of control by bankruptcy trustee
Related Acts
* Only for reference.