IBBI issued a circular regarding the serving of copies of applications online to the Board

Mar 06, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Insolvency and Bankruptcy Board of India (IBBI) on March 04, 2023, issued a circular regarding the serving of copies of applications online to the Board.

For the convenience of the applicants, the Board has made available a facility on its website at https://ibbi.gov.in/en/intimation-applications/apply-iaa for serving a copy of the application online to the Board vide Circular No. IBBI/IU/35/2020 dated October 29, 2020.

To ensure the filing of authentic information with the Board and further enable Board to share information relating to the application for initiation of CIRP with the IU efficiently, the format has been revised. The revised format is in Annexure A. A step-by-step guide for submission of the application is in Annexure B. On submission of the application online, the applicant shall get an acknowledgment. The applicants are encouraged to avail of this facility.

The provisions of this circular shall supersede IBBI’s Circular No. IBBI/IU/35/2020 dated October 29, 2020.

Disclaimer - Kindly find the Annexure in the Link/Document.

[Circular No. IBBI/LAD/58/2023]


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