Serving of copy of applications to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016

Serving of copy of applications to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 https://www.taxtmi.com/circulars?id=66223 Applicants initiating corporate insolvency resolution must serve a copy of the application to the Board via the Board's online facility before filing with the Adjudicating Authority; on submission the applicant receives an acknowledgment ID. The Board will forward received applications to the Information Utility, which will notify other creditors, require filing of information of default as per IU Regulations, and process defaults for issuance of Record of Default. A revised submission format and step by step guide are provided and the circular supersedes the earlier online intimation circular. en-us Sat, 04 Mar 2023 00:00:00 +0530 Mon, 06 Mar 2023 12:27:00 +0530 TaxTMI RSS Generator Serving of copy of applications to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 https://www.taxtmi.com/circulars?id=66223 Applicants initiating corporate insolvency resolution must serve a copy of the application to the Board via the Board's online facility before filing with the Adjudicating Authority; on submission the applicant receives an acknowledgment ID. The Board will forward received applications to the Information Utility, which will notify other creditors, require filing of information of default as per IU Regulations, and process defaults for issuance of Record of Default. A revised submission format and step by step guide are provided and the circular supersedes the earlier online intimation circular. Circulars IBC Sat, 04 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66223