IBC 107 — Summoning of meeting of creditors

Insolvency & Bankruptcy Code, 2016

Statutory text

(1)  The  resolution  professional  shall  issue  a  notice calling the meeting of the creditors at least fourteen days before the date fixed for such meeting.
(2)  The  resolution  professional  shall  send  the  notice  of  the  meeting  to  the  list  of  creditors  prepared under section 104.
(3)  The  notice  sent  under  sub-section  (1)  shall  state  the  address  of  the  Adjudicating  Authority  to which  the  repayment  plan  and  report  of  the  resolution  professional  on  the  repayment  plan  has  been submitted and shall be accompanied by—
(a) a copy of the repayment plan;
(b) a copy of the statement of affairs of the debtor;
(c) a copy of the said report of the resolution professional; and (d) forms for proxy voting.
(4) The proxy voting, including electronic proxy voting shall take place in such manner and form as may be specified.

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