https://www.taxtmi.com/circulars?id=64965 Resolution professionals must form opinions and determinations on transactions potentially covered by avoidance and preferential provisions, and file Form CIRP 8 online reporting those opinions and determinations. The Form requires professional and corporate debtor identification, a checklist of covered transaction types, detailed particulars of each identified transaction (period, parties, beneficiaries, application date to the Adjudicating Authority and value), an assessment of potential loss to creditors, explanations for any failures to undertake the exercise, and attachments including loss workings and obstructing documents; it must be digitally signed, filed within the prescribed timeline, and accompanied by the applicable fee. en-us Tue, 20 Jul 2021 00:00:00 +0530 Thu, 22 Jul 2021 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64965 Resolution professionals must form opinions and determinations on transactions potentially covered by avoidance and preferential provisions, and file Form CIRP 8 online reporting those opinions and determinations. The Form requires professional and corporate debtor identification, a checklist of covered transaction types, detailed particulars of each identified transaction (period, parties, beneficiaries, application date to the Adjudicating Authority and value), an assessment of potential loss to creditors, explanations for any failures to undertake the exercise, and attachments including loss workings and obstructing documents; it must be digitally signed, filed within the prescribed timeline, and accompanied by the applicable fee. Circulars IBC Tue, 20 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64965