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TMI BlogInsolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2025X X X X Extracts X X X X X X X X Extracts X X X X ..... ocess for Corporate Persons) (Third Amendment) Regulations, 2025. No. IBBI/2025-26/GN/REG126.- In exercise of the powers conferred by clause (t) of sub- section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations to further amend the Insolvency and Bankruptcy Board of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... form, in the table below:- Form Period covered and scope To be filed by Timeline (1) (2) (3) (4) CP-1 From commencement of CIRP till constitution of CoC: This includes details of IRP, CD, and the Applicant, admission of application by AA (Adjudicating Authority), public announcement, details of Authorised Representatives, taking over management of the CD, receipt and verification of cla ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he subsequent month, after filing application with AA CP-3B Approval of resolution plan / liquidation / closure by AA: This includes details of the resolution plan approved by the AA or liquidation order or closure order, etc. RP Within 7 days of disposal of application by AA CP-4 Avoidance transactions reported to AA: This includes details of the avoidance transactions (preferential, underv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nder this regulation are accurate and complete. (4) The filing of a Form under this regulation after the due date of submission, whether by correction, updation or otherwise, shall be accompanied by a fee of five hundred rupees per Form for each calendar month of delay from a date to be notified through circular by the Board in this regard. (5) The interim resolution professional or resolution ..... X X X X Extracts X X X X X X X X Extracts X X X X
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