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

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....vency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Subject: 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. The Insolvency an....

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.... IBBI/IU/51/2022 dated 15th June 2022 decided to forward all the applications received for initiating insolvency to the Information Utility (IU) and, the IU is required to (a) inform other creditors of the CD by sharing the application; (b) issue notice to the applicant, requiring it to file 'information of default' as per IU Regulations; and (c) process the 'information of default' for the purpos....

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....Rao) General Manager Annexure A Format for Serving a Copy of Application for Initiation of CIRP Details of Application Application by: Financial Creditor(s) Operational Creditor(s) Corporate Applicant Application Under: Section 7 Section 9 Section 10 Application to be filed at NCLT: Chennai, Mumbai, Delhi, Kolkata, etc. Application to be filed on: Amount of Default in INR (Aggregate amoun....

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....s to be initiated Name PAN (mandatory with validation) CIN/LLPIN (mandatory with validation) Contact/Mobile No. E-mail (mandatory with validation) Registered Address Details of IP, if any, Proposed as IRP Name PAN (with validation) Contact/Mobile No. E-mail (with validation) Address for Correspondence IBBI Registration No. Date of Consent to act as IRP Annexure B Step-by-step guide....