Claim Before Resolution Professional (RP)

Claim Before Resolution Professional (RP)

Filing a claim before the Resolution Professional (RP) is a critical step in the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC). Creditors, including financial creditors, operational creditors, employees, and other stakeholders, must submit their claims within statutory timelines. Timely and accurate filing claim before resolution professional ensures protection of legal and financial rights during insolvency proceedings.

Our chambers assist clients at every stage of claim submission. We examine financial records, invoices, loan agreements, contracts, and ledgers to determine the correct claim amount and category. Based on the nature of the claim, we prepare and file the appropriate prescribed form under the IBC and CIRP Regulations.

We also draft affidavits, proofs of claim, and supporting documents to reduce the risk of objections or rejection by the RP. Moreover, we handle correspondence with the Resolution Professional and respond to queries promptly. Where required, we rectify deficiencies to ensure proper admission of the claim.

If disputes arise or the RP wrongly rejects a claim, we represent clients before the NCLT for suitable relief. In addition, we guide creditors on voting rights in the Committee of Creditors (CoC), distribution priorities, and participation in the resolution process. With structured legal support, filing claim before resolution professional becomes efficient, compliant, and strategically sound.

filing claim before resolution professional

Disclaimer

The information provided on the website of Chambers of Aagam Jain is for general informational purposes only and does not constitute legal advice, solicitation, or advertisement. Accessing or using this website does not create a lawyer–client relationship. Legal matters are fact-specific and subject to applicable laws, and visitors are advised to seek independent legal counsel for guidance suited to their individual circumstances. While efforts are made to ensure the accuracy of the content, no guarantee is given regarding its completeness or correctness. The Chambers of Aagam Jain shall not be liable for any loss or damage arising from reliance on the information provided herein. Any communication through this website does not ensure confidentiality unless a formal professional engagement is confirmed in writing.