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of <h1>IBBI Amends Creditor List Requirements: Removes ID Number to Protect Privacy Under Aadhaar Act and IT Act Guidelines.</h1> The Insolvency and Bankruptcy Board of India (IBBI) issued a circular to all registered insolvency professionals and related entities, amending the requirements for filing the list of creditors under the Insolvency Resolution Process for Corporate Persons Regulations, 2016. The circular mandates the removal of the 'Identification No.' column from the creditor list format to prevent the disclosure of sensitive personal information like Aadhaar and PAN details on public platforms. Insolvency professionals must submit the revised list within three days of its preparation or modification, adhering to privacy guidelines under the Aadhaar Act, 2016, and the Information Technology Act, 2000.
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