LEGAL FRAMEWORK

Date Subject Remarks
20 Jun, 2023 Circular - Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankruptcy Code, 2016, along with record of the default issued by the Information Utility.  
04 Mar, 2023 Circular - Serving of copy of applications to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016.  
21 Dec, 2022 Circular - Proforma for reporting liquidator’s decision(s) different from the advice of Stakeholders’ Consultation Committee (SCC) under proviso to sub-regulation (10) of regulation 31A of IBBI (Liquidation Process) Regulations, 2016  
24 Nov, 2022 Circular- Credit of fee by IPs & IPEs in IBBI account  
09 Nov, 2022 Circular - Review of Regulations  
02 Nov, 2022 Circular - Annual Compliance Certificate for Insolvency Professional Agencies  
13 Sep, 2022 Circular - Details of matters pending with Supreme Court of India and various High Courts  
31 Aug, 2022 Revision of fees applicable for Limited Insolvency Examination and Valuation Examinations  
15 Jun, 2022 Circular - Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016  
06 Jun, 2022 Circular - Improvement to the scheme of examinations - frequency of attempts in Limited Insolvency Examination/ Valuation Examinations  
23 May, 2022 Circular - Review of circulars  
06 May, 2022 Circular - Withdrawal of Circular dated 26th August, 2019 regarding applicability of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 notified on 25th July, 2019  
11 Apr, 2022 Clarifications with respect to Temporary Surrender of Professional Membership  
24 Nov, 2021 Circular - Filing of list of creditors under clause (ca) of sub-regulation (2) of regulation 13 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.  
24 Nov, 2021 Circular - Filing of list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016  
15 Nov, 2021 Circular - Clarification regarding requirement of seeking No Objection Certificate or No Dues Certificate from the Income Tax Department during Voluntary Liquidation Process under the Insolvency and Bankruptcy Code, 2016 (Code)  
30 Sep, 2021 Circular - IBBI’s Electronic Platform for hosting Public Notices of Auctions of Liquidation Assets under the IBBI (Liquidation Process) Regulations, 2016  
28 Jul, 2021 Circular - Monetary Penalties to be imposed by an Insolvency Professional Agency  
20 Jul, 2021 Circular - Filing of Form CIRP 8 under the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016  
16 Apr, 2021 Clarification - Consideration of matters / issues by the committee of creditors on request by members of the committee