RA 10142 Section 23

Effect of Failure to File Notice of Claim.

Section 23

SEC. 23. Effect of Failure to File Notice of Claim. — A creditor whose claim is not listed in the schedule of debts and liabilities and who fails to file a notice of claim in accordance with the Commencement Order but subsequently files a belated claim shall not be entitled to participate in the rehabilitation proceedings but shall be entitled to receive distributions arising therefrom.

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CitationRA 10142 Section 23 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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