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    <title>Introduction of Modification Utility &amp; Commencement of levy of fee for delayed filing of Forms under Regulation 40B of the CIRP Regulations</title>
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    <description>A portal-based Modification Utility allows Insolvency Professionals to correct submitted CIRP forms via OTP authentication; modifications made before a form&#039;s due date do not attract a fee because fee computation starts only after the last due date. For forms due on or before 31 December 2025, submissions after that date require a fee of Rs.500 per form for each calendar month of delay until submission, excluding GST.</description>
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