Each filed claim is uniquely linked to the creditor and the alleged company liability. First, the liquidator checks whether the creditor, basis of the claim, amount and due date have all been specified. The creditor's supporting evidence is then compared with contracts, invoices, service records, payment receipts and the company's accounting records. Partial payments, credit notes, set-offs and other reductions must be taken into account when calculating the outstanding amount. Ancillary claims must be reviewed separately from the principal amount. Any stated security must be clearly linked to the claim and the asset concerned. If documents are missing or inconsistencies arise, the liquidator should request further evidence or explanations. The review outcome may apply to the entire claim or only to individual components. Accepted and disputed amounts must be documented separately, with a clear explanation. The review of claims therefore provides a reliable basis for the subsequent classification and satisfaction of creditors.
Review of filed claims during the liquidation of a company in Georgia
During a company liquidation in Georgia, the liquidator reviews each creditor claim against the company's contracts, supporting documents and accounting records. The legal basis, amount, due date, security and any payments already made must be clarified before the claim is accepted or disputed.
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