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Section 88 - Insolvency and Bankruptcy Code Act, 2016
88. General duties of debtor.-
The debtor shall-
(a) make available to the resolution professional all information relating to his affairs, attend meetings and comply with the requests of the resolution professional in relation to the fresh start process;
(b) inform the resolution professional as soon as reasonably possible of-
(i) any material error or omission in relation to the information or document supplied to the resolution professional; or
(ii) any change in financial circumstances after the date of application, where such change has an impact on the fresh start process.
Related Sections
- Section 86: Objections by creditor and their examination by resolution professional
- Section 9: Application for initiation of corporate insolvency resolution process by operational creditor
- Section 156: Delivery of property and documents to bankruptcy trustee
- Section 123: Application by creditor
- Section 102: Public notice and claims from creditors
Related Acts
- Inter-Services Organisations (Command, Control and Discipline) Act, 2023
- National Commission for Indian System of Medicine Act, 2020
- Provisional Collection of Taxes Act, 2023
- Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016
- National Council for Teacher Education (Amendment) Act, 2019
* Only for reference.