Transfer of debt due to creditors
Regulation 23ofInsolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021
Where a creditor assigns or transfers the debt due to such creditor to any other person during the process period, both parties shall provide the resolution professional, the terms of such assignment or transfer and the identity of the assignee or transferee for updation under sub- regulation (8) of regulation 20.