Section 24: Determination of quantum of claim

Q: What does Section 24 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) deal with?

Section 24 TIVLPR pertains to "Determination of quantum of claim". It is part of the The IBBI (Voluntary Liquidation Process) Regulations, 2017, a legislation enacted by the Parliament of India. Section 24 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs determination of quantum of claim. As verified on 19 May 2026.

Q: Is Section 24 TIVLPR still in force?

Yes, Section 24 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017 is currently in force across the Republic of India.

Q: What is धारा 24 TIVLPR?

धारा 24 TIVLPR is the Devanagari Hindi reference for Section 24 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017. Section 24 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs determination of quantum of claim. As verified on 19 May 2026.

Q: What is Dhara 24 TIVLPR?

Dhara 24 TIVLPR is the Roman Hindi reference for Section 24 of the The IBBI (Voluntary Liquidation Process) Regulations, 2017. "Dhara" means "Section" in Hindi. Section 24 of The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR) governs determination of quantum of claim. As verified on 19 May 2026.

Q: How to cite Section 24 of The IBBI (Voluntary Liquidation Process) Regulations, 2017?

Cite as: "Section 24, The IBBI (Voluntary Liquidation Process) Regulations, 2017 (TIVLPR)" in legal briefs. For academic writing, use the BlueBook format: The IBBI (Voluntary Liquidation Process) Regulations, 2017, 2017, § 24 (India).

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Tuesday, 28 July 2026

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Table of Contents

The IBBI (Voluntary Liquidation Process) Regulations, 2017

Chapter VCLA — ims

Section 24

Determination of quantum of claim

- Where the amount claimed by a claimant is not precise due to any contingency or any other reason, the liquidator shall make the best estimate of the amount of the claim, based on consultation with the claimant and the corporate person and the information available with him.