Question
What is the time period within which the liquidator
should communicate his decision of admission or rejection of claims to the creditor and corporate debtor as per IBC?Solution
Section 40(2) - The liquidator shall communicate his decision of admission or rejection of claims to the creditor and corporate debtor within seven days of such admission or rejection of claims.
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8Â Â Â Â 10Â Â Â Â 36Â Â Â Â Â 216Â Â Â Â Â 2592Â Â Â Â 62208
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3, 4, 9, 28, 116, 566, 3397Â
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