Claim Verification Service Under IBC

Careful Scrutiny. Clear Assessment.

Once a company enters the corporate insolvency resolution process, every creditor with a stake in the outcome must formally submit and substantiate their claim so that it can be verified and included in the final list used for distribution or resolution planning. This applies equally to financial creditors, operational creditors, and the corporate debtor itself, each of whom must follow prescribed formats and timelines. Getting this step right is essential, because a claim that is not properly filed or supported by evidence risks being rejected or undervalued.

Why This Matters

Claims that are filed late, incompletely documented, or inconsistent with the debtor's own records can be excluded from the process entirely, leaving a creditor with little recourse once timelines close. Even where a claim is admitted, disputes over the quantum or classification of the amount can delay resolution and reduce eventual recovery. Careful, well-documented claim submission and verification protects a creditor's rightful place in the process and improves the chances of fair treatment in any distribution.

How We Help

Claim Filing Assistance

We help creditors compile the necessary documentation and file claims in the correct format within the timelines set by the resolution professional or liquidator, reducing the risk of rejection on technical grounds.

Reconciliation of Disputed Amounts

Where the amount claimed does not match the corporate debtor's records, we assist in reconciling the discrepancy, retrieving supporting documents such as debit notes and payment records, and presenting a clear evidentiary trail.

Liaison with Resolution Professionals and Liquidators

We coordinate directly with the resolution professional or liquidator handling the case to track the status of submitted claims, respond to queries, and follow up on verification outcomes.

Support Through Resolution or Liquidation

We continue to support creditors through subsequent stages, including participation in the committee of creditors where applicable and monitoring how verified claims are treated under the final resolution plan or liquidation waterfall.

Who Needs This

• Financial creditors including banks and lenders
• Operational creditors such as suppliers and vendors
• Employees and workmen with dues from the corporate debtor
• Corporate debtors needing to reconcile creditor claims against their own books

Our Approach

We combine a working knowledge of insolvency procedure with careful attention to documentation, ensuring that every claim we help prepare is accurate, well-supported, and submitted on time. Where disputes arise, we take a methodical approach to reconciliation so that legitimate claims are not lost to avoidable procedural gaps.

Get in Touch

To discuss how we can support you with claim verification under IBC, write to us at info@agarwalurs.com.