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    <description>An IRP in a personal guarantor insolvency must issue a public advertisement that is not bound to corporate FORM A; IBBI confirms CIRP forms are inapplicable to personal guarantor cases. The advertisement may be in any form provided it includes the statutory and regulatory ingredients: identification of the debtor and insolvency commencement, IRP contact details, last date and modes for claim submission, notification on creditor classes and authorised representatives where applicable, and a warning against false claims.</description>
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