TaxTMI 
TaxTMI 
FORM FOR PUBLIC ANNOUNCEMENT
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....ORM FOR PUBLIC ANNOUNCEMENT<br> Query (Issue) Started By: - DR.MARIAPPAN GOVINDARAJAN Dated:- 20-8-2024 Last Reply Date:- 20-8-2024 Other Topics<br>Got 3 Replies<br>Indian Laws<br>Dear Experts, I was appointed as IRP in one personal guarantor case. I have to issue public announcement. There is no prescribed format in the Code and regulations. Can any one can make it available to me. Thanks in ad....
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....vance. Reply By Sadanand Bulbule: The Reply: Dear Sir Is this what you intend to have? FORM A Public Announcement (Under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016) FOR THE ATTENTION OF THE CREDITORS OF [NAME OF CORPORATE DEBTOR] Relevant Particulars Name of corporate debtor Date of incorporation o....
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....f corporate debtor Authority under which corporate debtor is incorporated / registered Corporate Identity No. / Limited Liability Identification No. of corporate debtor Address of the registered office and principal office (if any) of corporate debtor Insolvency commencement date in respect of corporate debtor Estimated date of closure of insolvency resolution process Name and registration n....
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....umber of the insolvency professional acting as interim resolution professional 9. Address and e-mail of the interim resolution professional, as registered with the Board 10. Address and e-mail to be used for correspondence with the interim resolution professional 11. Last date for submission of claims 12. Classes of creditors, if any, under clause (b) of sub-section (6A) of section 21, asc....
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....ertained by the interim resolution professional Name the class(es) 13. Names of Insolvency Professionals identified to act as Authorised Representative of creditors in a class (Three names for each class) 1. 2. 3. 14. * Relevant Forms and * Details of authorized representatives are available at: Web link:….. Physical Address:……. Notice is hereby given that the N....
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....ational Company Law Tribunal has ordered the commencement of a corporate insolvency resolution process of the [name of the corporate debtor] on [insolvency commencement date]. The creditors of [name of the corporate debtor], are hereby called upon to submit their claims with proof on or before [insert the date falling fourteen days from the appointment of the interim resolution professional] to t....
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....he interim resolution professional at the address mentioned against entry No. 10. The financial creditors shall submit their claims with proof by electronic means only. All other creditors may submit the claims with proof in person, by post or by electronic means. A financial creditor belonging to a class, as listed against the entry No. 12, shall indicate its choice of authorised representative....
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.... from among the three insolvency professionals listed against entry No.13 to act as authorised representative of the class [specify class] in Form CA. Submission of false or misleading proofs of claim shall attract penalties. Name and Signature of Interim Resolution Professional : Date and Place : Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Dear Sir, This is meant for Corporate Insolvenc....
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....y Resolution Process. I asked is for insolvency resolution process by personal guarantor to corporate debtor. I sought clarifications from IBBI. IBBI now clarified that the CIRP forms and not applicable to personal guarantor case. Therefore the advertisement may be in any form but includes the ingredients as contained in the Act and regulations. Thank you, Sir Reply By Sadanand Bulbule: The Rep....
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....ly: Dear Sir Thanks for your quick associated clarification. Warm regards<br> Discussion Forum - Knowledge Sharing ....