Claims Beyond Stipulated Period

Summary

In Mumbai, the Insolvency and Bankruptcy Code (IBC) 2016 governs personal insolvency. Generally, claims must be submitted within the stipulated time frame mentioned in the public notice. However, courts might admit delayed claims under specific circumstances. Claims should be submitted promptly. Courts may consider delays if justified with valid reasons. Reference: Insolvency and Bankruptcy Code (IBC) 2016, Section 7 and 9.

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Mumbai
In Mumbai, the Insolvency and Bankruptcy Code (IBC) * governs personal insolvency. Generally, claims must be submitted within the stipulated time frame mentioned in the public notice. However, courts might admit delayed claims under specific circumstances.
- Claims should be submitted promptly.
- Courts may consider delays if justified with valid reasons.
- Reference: Insolvency and Bankruptcy Code (IBC) *, Section * and *.

Mumbai High Court


Phone: +*-*-* *
Address: Fort, Mumbai, Maharashtra *
Website: bombayhighcourt.nic.in

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