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<h1>Professionals Must File Precise Electronic Forms Under New IBBI Corporate Insolvency Resolution Process Amendment</h1> The Insolvency and Bankruptcy Board of India issued a third amendment to corporate insolvency resolution process regulations, effective June 1, 2025. The amendment introduces detailed requirements for filing specific forms by interim resolution professionals and resolution professionals, including timelines, content specifications, and penalties for late or inaccurate submissions. The new regulation mandates electronic filing of forms with comprehensive details about the insolvency resolution process, with potential disciplinary actions for non-compliance.