Application by financial creditor: file Form 1 with prescribed documents and serve the corporate debtor and Board before filing. A financial creditor must file an application in Form 1 to initiate the corporate insolvency resolution process with documents specified in the insolvency regulations; assignees must attach the assignment or transfer agreement and evidence of transfer; the applicant must serve a copy of the application on the corporate debtor's registered office and the Board by registered post, speed post, hand, or electronic means prior to filing; jointly filing creditors may nominate one to act on their behalf.