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Resolution Professional is duty-bound to admit only those claims which are duly substantiated and reflected in the records of the Corporate Debtor | Under Regulation 12(1) and Regulation 8A(2) of the CIRP Regulations, 2016, the burden lies squarely upon the claimant to establish the existence of debt through reliable documentary evidence, including receipts and proof of payment to the Corporate Debtor – Seema Garg Vs. Rahul Jindal, RP of Samar Estates Pvt. Ltd. and Ors. – NCLT Chandigarh Bench

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Resolution Professional is duty-bound to admit only those claims which are duly substantiated and reflected in the records of the Corporate Debtor | Under Regulation 12(1) and Regulation 8A(2) of the CIRP Regulations, 2016, the burden lies squarely upon the claimant to establish the existence of debt through reliable documentary evidence, including receipts and proof of payment to the Corporate Debtor – Seema Garg Vs. Rahul Jindal, RP of Samar Estates Pvt. Ltd. and Ors. – NCLT Chandigarh Bench

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Source: Ibclaw
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