Withdrawal of Form IP-1: reporting shifted to the IBBI Assignment Module and revised CP reporting framework for insolvency processes. The circular withdraws the requirement to submit Form IP-1 for assignments under the Insolvency and Bankruptcy Code, 2016, noting that IP-1 has been superseded by mandatory reporting through the IBBI electronic portal Assignment Module and a revised reporting framework (CP-1 to CP-5) which now governs reporting obligations of Insolvency Professionals across corporate insolvency, liquidation, voluntary liquidation and personal-guarantor processes.