Regulations ²³[8A. Claims by creditors in a class. —

(1) A person claiming to be a creditor in a class shall submit claim with proof to the interim resolution professional in electronic form in Form CA of the Schedule.

(2) The existence of debt due to a creditor in a class may be proved on the basis of-

• (a) the records available with an information utility, if any; or
• (b) other relevant documents, including any-
  • (i) agreement for sale;
  • (ii) letter of allotment;
  • (iii) receipt of payment made; or
  • (iv) such other document, evidencing existence of debt.

(3) A creditor in a class may indicate its choice of an insolvency professional, from amongst the three choices provided by the interim resolution professional in the public announcement, to act as its authorised representative.]

²³Inserted by Notification No. IBBI/2018-19/GN/REG031, dated 3rd July, 2018 (w.e.f. 04-07-2018).