Authentication of default

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....espond; (c) deliver the information of default or the reminder, as the case may be, to the debtor either by hand, post or electronic means at the postal or e-mail address of the debtor- (i) registered with the information utility by him, failing which, ^3[(ii) recorded with MCA 21 and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) registry as repositories or any other statutory repository as approved by the Board, failing which,] ^7[(iii) submitted in ^9[such format as notified by the Board through circular]: ^10[(A) by a financial creditor, which is a financial institution as defined in clause (14) of section 3 of the Code;] (B) by an....

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....of a debt; (b) parties and sureties, if any, to the debt in respect of which the information of default has been received.]]     ************** NOTES:- 1. Substituted vide Notification No. IBBI/2019-20/GN/REG046 dated 25-07-2019 before it was read as, "Information of default 21. (1) On receipt of information of default, an information utility shall expeditiously undertake the processes of authentication and verification of the information. (2) On completion of the processes of authentication and verification under sub-regulation (1), the information utility shall communicate the information of default, and the status of authentication to registered users who are- (a) c....

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....f the Table thereof, to the registered users who are- (a) creditors of the debtor who has defaulted; (b) parties and sureties, if any, to the debt in respect of which the information of default has been received." 5.  Substituted vide Notification No. IBBI/2024-25/GN/REG11 dated 13-08-2024 w.e.f. 01-10-2024 before it was read as, "the time specified in the Technical Standards" 6. Substituted vide Notification No. IBBI/2024-25/GN/REG11 dated 13-08-2024 w.e.f. 01-10-2024 before it was read as, "three days" 7.  Substituted vide Notification No. IBBI/2024-25/GN/REG11 dated 13-08-2024 w.e.f. 01-12-2024 before it was read as, "(iii) submitted in Form C of the ....