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<h1>Filing of Forms: mandatory electronic submission by insolvency professionals with timelines and penalties for delay.</h1> Regulation 40B mandates that the interim resolution professional or resolution professional file specified Forms on the Board's electronic platform within prescribed timelines linked to CIRP milestones; the Board may modify Forms. Filings must be accurate and complete. Late filing attracts a fee per Form for each calendar month of delay as notified by the Board. The Board may take actions, including refusal to issue or renew Authorisation for Assignment, for failure to file, for inaccurate or incomplete filings, or for delay.