https://www.taxtmi.com/notifications?id=138489 The amendments introduce a defined record of default and require a creditor, before filing an application under section 7 or section 9, to file information of default with the information utility for authentication and issuance of a record of default. The revised framework replaces information of default with authentication of default, prescribes status outcomes such as authenticated, disputed, or deemed to be authenticated, and requires communication of the authenticated status to relevant registered users. The regulations also add repository requirements, align disciplinary proceedings with inspection and investigation regulations, require the latest acknowledgment of debt in Form C, and insert Form D as the prescribed record of default format. en-us Tue, 14 Jun 2022 00:00:00 +0530 Mon, 08 Jun 2026 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=138489 The amendments introduce a defined record of default and require a creditor, before filing an application under section 7 or section 9, to file information of default with the information utility for authentication and issuance of a record of default. The revised framework replaces information of default with authentication of default, prescribes status outcomes such as authenticated, disputed, or deemed to be authenticated, and requires communication of the authenticated status to relevant registered users. The regulations also add repository requirements, align disciplinary proceedings with inspection and investigation regulations, require the latest acknowledgment of debt in Form C, and insert Form D as the prescribed record of default format. Notifications IBC Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=138489