Page 27 - IBBI

INSOLVENCY AND BANKRUPTCY NEWS

List of Abbreviations

AA Adjudicating Authority IPE / IPEs Insolvency Professional Entity / Entities
AFA Authorisation for Assignment IRP Interim Resolution Professional
AIMPL Arcelor Mittal India Private Limited IU / IUs Information Utility / Utilities
BIFR Board for Industrial and Financial Reconstruction IU Regulations IBBI (Information Utilities) Regulations, 2017
BLRC Bankruptcy Law Reforms Committee LCD Liquidation Commencement Date
CD Corporate Debtor Liquidation IBBI (Liquidation Process) Regulations, 2016
Regulations
CEO Chief Executive Ofcer
MCA Ministry of Corporate Affairs
CIC Credit Information Companies
MD Managing Director
CIRP Corporate Insolvency Resolution Process
MoU Memorandum of Understanding
CIRP IBBI (Insolvency Resolution Process for Corporate Persons)
Regulations Regulations, 2016 MSME Micro, Small and Medium Enterprise
CoC Committee of Creditors NCLAT National Company Law Appellate Tribunal
CPE Continuing Professional Education NCLAT National Company Law Appellate Tribunal Rules, 2016
Rules, 2016
CPGRAMS Centralised Public Grievance Redress and Monitoring System
NCLT National Company Law Tribunal
DC Disciplinary Committee
NeSL National e-Governance Services Limited
DHFL Dewan Housing Finance Corporation Ltd.
NOC No Objection Certicate
DRT Debt Recovery Tribunal
OC / OCs Operational Creditor / Creditors
EMD Earnest Money Deposit
PG / PGs Personal Guarantor / Guarantors
ESIL Essar Steel India Ltd.
PMLA Prevention of Money Laundering Act, 2022
FC/FCs Financial Creditor / Creditors
PPIRP Pre-packaged Insolvency Resolution Process
FCDO The Foreign, Commonwealth & Development Ofce
RA / RAs Resolution Applicant / Resolution Applicants
FiSP Financial Service Provider
RBI Reserve Bank of India
GIP Graduate Insolvency Programme
RP Resolution Professional
GST Goods and Services Tax
RV / RVs Registered Valuer / Registered Valuers
HC High Court
RVO Registered Valuer Organisation
IBA Indian Banks' Association
SARFAESI Act Securitisation and Reconstruction of Financial Assets and
IBBI / Board Insolvency and Bankruptcy Board of India
Enforcement of Securities Interest Act, 2002
IBC / Code Insolvency and Bankruptcy Code
SBI State Bank of India
ICAI Institute of Chartered Accountants of India
SC Supreme Court of India
ICMAI Institute of Cost and Management Accountants of India
SCC Stakeholders Consultation Committee
ICSI Institute of Company Secretaries of India
SEBI Securities and Exchange Board of India
ICSI IIP ICSI Institute of Insolvency Professionals
SOP Standard Operating Procedure
IGNOU Indira Gandhi National Open University
SRA Successful Resolution Applicant
IICA Indian Institute of Corporate Affairs
SSF Special Situation Funds
IIIP ICAI Indian Institute of Insolvency Professionals of ICAI
Valuation Rules The Companies (Registered Valuers and Valuation)
IP / IPs Insolvency Professional / Professionals Rules, 2017
IPA / IPAs Insolvency Professional Agency / Agencies WTM Whole-time Member

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