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Submission of report by resolution professional.

Section 99 - Act - INSOLVENCY RESOLUTION PROCESS - Insolvency and Bankruptcy Code, 2016 - Section 99 - 99. (1) The resolution professional shall examine the application referred to in section 94 or section 95, as the case may be, within ten days of h .....

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ent of the debt claimed as unpaid by the creditor by furnishing- (a) evidence of electronic transfer of the unpaid amount from the bank account of the debtor; (b) evidence of encashment of a cheque issued by the debtor; or (c) a signed acknowledgemen .....

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ses of examining an application, the resolution professional may seek such further information or explanation in connection with the application as may be required from the debtor or the creditor or any other person who, in the opinion of the resolut .....

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onal shall examine the application and ascertain that - (a) the application satisfies the requirements set out in section 94 or 95; (b) the applicant has provided information and given explanation sought by the resolution professional under sub-secti .....

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