IBC 88 — General duties of debtor

Insolvency & Bankruptcy Code, 2016

Statutory text

The debtor shall—
(a)  make  available  to  the  resolution  professional  all  information  relating  to  his  affairs,  attend meetings  and  comply  with  the  requests  of  the  resolution  professional  in  relation  to  the  fresh  start process.
(b) inform the resolution professional as soon as reasonably possible of—
(i) any material error or omission in relation to the information or document supplied to the resolution professional; or (ii) any change in financial circumstances after the date of application, where such change has an impact on the fresh start process.

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