(1) Notwithstanding anything contained in any other law for the time
being in force, the liquidator shall have the power to access any
information systems for the purpose of admission and proof of claims and
identification of the liquidation estate assets relating to
the corporate debtor from the following sources, namely:-
(a) an information utility;
(b) credit information systems regulated under any law for the time being in force;
(c) any agency of the Central, State or Local Government including any registration authorities;
(d) information systems for financial and non-financial liabilities regulated under any law for the time being in force;
(e) information systems for securities and assets posted as security interest regulated under any law for the time being in force;
(f) any database maintained by the Board; and
(g) any other source as may be specified by the Board.
(2) The creditors may require the liquidator to provide them any financial information relating to the corporate debtor in such manner as may be specified.
(3) The liquidator shall provide information referred to in sub-section (2) to such creditors who have requested for such information within a period of seven days from the date of such request or provide reasons for not providing such information.
Insolvency and Bankruptcy Code 2016
Section 31 Approval of resolution plan
Section 33 Initiation of liquidation
Section 34 Appointment of liquidator and fee to be paid
Section 35 Powers and duties of liquidator
Section 37 Powers of liquidator to access information
Section 38 Consolidation of claims