Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2025 - IBBI/2025-26/GN/REG126 - Insolvency and Bankruptcy
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Filing of insolvency forms: new monthly and event-based electronic submission rules with sanctions for late or inaccurate filings. Regulation 40B requires interim resolution professionals and resolution professionals to file specified Forms CP-1 through CP-5 on the Board's electronic platform within fixed timelines tied to CIRP milestones and monthly reporting. The Board will provide and may modify the Forms; filings must be accurate and complete. Late submission attracts a monthly fee, and non compliance, inaccuracies or delays may attract Board actions including refusal to issue or renew Authorisation for Assignment under the Code or related regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Filing of insolvency forms: new monthly and event-based electronic submission rules with sanctions for late or inaccurate filings.
Regulation 40B requires interim resolution professionals and resolution professionals to file specified Forms CP-1 through CP-5 on the Board's electronic platform within fixed timelines tied to CIRP milestones and monthly reporting. The Board will provide and may modify the Forms; filings must be accurate and complete. Late submission attracts a monthly fee, and non compliance, inaccuracies or delays may attract Board actions including refusal to issue or renew Authorisation for Assignment under the Code or related regulations.
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