Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2026. - F. No. IBBI/2026-27/GN/REG146 - Insolvency and Bankruptcy
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Information utilities amendment streamlines default authentication, introduces information of dispute, and replaces prescribed forms with board-notified formats. The amendment replaces multiple prescribed forms in the Information Utilities Regulations, 2017 with formats notified by the Board through circular, introduces the expression 'information of dispute,' and clarifies that 'debtor' includes 'corporate debtor' unless the context otherwise requires. It also revises the authentication framework so that the information utility records default as authenticated or disputed depending on the debtor's response, with a proviso for financial institutions where disputes affecting only part of the amount or only non-financial information do not prevent authentication of the undisputed default amount.
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Information utilities amendment streamlines default authentication, introduces information of dispute, and replaces prescribed forms with board-notified formats.
The amendment replaces multiple prescribed forms in the Information Utilities Regulations, 2017 with formats notified by the Board through circular, introduces the expression "information of dispute," and clarifies that "debtor" includes "corporate debtor" unless the context otherwise requires. It also revises the authentication framework so that the information utility records default as authenticated or disputed depending on the debtor's response, with a proviso for financial institutions where disputes affecting only part of the amount or only non-financial information do not prevent authentication of the undisputed default amount.
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