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  • Vaibhav Tripathi
  • img March 28, 2026
IBBI introduced a simplified CIRP reporting framework, reducing forms from 9 to 5 (CP-1 to CP-5) and...

IBBI introduced a simplified CIRP reporting framework, reducing forms from 9 to 5 (CP-1 to CP-5) and adopting monthly re...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation

IBBI mandated exclusive use of the Baanknet platform for liquidation auctions from 1 April 2025, requiring bidders to su...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Disclosure of information relating to carry forward of losses in Information Memorandum (I...

IBBI mandated detailed disclosure of carry forward losses in the Information Memorandum, requiring a dedicated section w...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Intimation to the Board on the appointment of insolvency professional under various proces...

IBBI mandated IPs to register all assignments on its portal across processes, including personal guarantors and FSPs, wi...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Mandatory Use of eBKray Auction Platform for Liquidation Processes

IBBI mandated compulsory use of the eBKray platform for auctioning liquidation assets from 1 April 2025 and required all...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Extension of time for filing Forms to monitor liquidation and voluntary liquidation proce...

IBBI extended the deadline for filing liquidation and voluntary liquidation forms to 31 March 2025 and directed IPs to e...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Extension of time for filing Forms to monitor liquidation and voluntary liquidation proce...

IBBI extended the deadline for filing liquidation and voluntary liquidation forms to 31 December 2024 and clarified resp...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Centralized Electronic Listing and Auction Platform for the Sale of Assets under Liquidat...

IBBI mandated listing of liquidation assets on the eBKray platform to improve transparency and bidder participation, req...

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  • Vaibhav Tripathi
  • img March 28, 2026
Extension of time for filing Forms to monitor liquidation processes under the Insolvency and Bankrup...

IBBI extended the deadline for filing liquidation forms to 30 November 2024, considering technical issues and representa...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Generation of Valuation Report Identification Number for valuation conducted by Register...

IBBI mandated a unique VRIN for all valuation reports under IBC, requiring valuers to generate and display it, and IPs t...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Generation of Valuation Report Identification Number for valuation conducted by Register...

IBBI introduced a mandatory Valuation Report Identification Number (VRIN) for valuation reports under IBC, requiring RVs...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptc...

IBBI introduced mandatory electronic VL forms (VL-1 to VL-4) for voluntary liquidation, requiring timely online filing b...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular- Filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 20...

IBBI introduced mandatory electronic LIQ forms (LIQ-1 to LIQ-4) for liquidation reporting, requiring timely online filin...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Uploading of judicial orders related to insolvency proceedings by Insolvency Professional...

IBBI directed Insolvency Professionals to upload key judicial orders from NCLT/NCLAT, High Courts, and Supreme Court on...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Partial modification to the circular no. IBBI/LIQ/61/2023 dated 28th September 2023 title...

IBBI withdrew “amount realised” and “fee period” provisions of its 28 Sept 2023 circular per Bombay High Court ruling, a...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Enhancing Transparency and Stakeholder Engagement in Liquidation Process

IBBI directed liquidators to share progress reports with SCC, involve them in preliminary reports, and submit Form H, fi...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in accordan...

IBBI clarified that liquidators must deposit unclaimed amounts in the Corporate Voluntary Liquidation Account and apply...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Reporting / Sharing of information in the Voluntary Liquidation process

IBBI mandated that Financial Service Providers can undergo voluntary liquidation only if notified and approved by the re...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Sharing of the Report prepared by the Resolution Professional under section 99 of the Cod...

IBBI directed that Resolution Professionals must share their Section 99 report with both debtor and creditor in all case...

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  • Vaibhav Tripathi
  • img March 28, 2026
Circular - Measures for facilitating efficient conduct of the processes by the Insolvency Profession...

IBBI clarified that IPs may assist in resolution plan implementation if provided in the approved plan, and invoices for...

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