Rule 6 - Application by operational creditor - Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016

Application by operational creditor 6. (1) An operational creditor, shall make an application for initiating the corporate insolvency resolution process against a corporate debtor under section 9 of the Code in Form 5, accompanied with documents and records required therein and as specified in the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. 1 [ (2) The applicant under sub-rule (1) shall serve a copy of the application to the registered office of the corporate debtor and to the Board, by registered post or speed post or by hand or by electronic means, before filing with the Adjudicating Authority. ] ************** NOTES:- 1. Substituted vide Notification No. G.S.R. 583(E) dated 24-09-2020 before it was read as (2) The applicant under sub-rule (1) shall dispatch forthwith, a copy of the application filed with the Adjudicating Authority, by registered post or speed post to the registered office of the corporate debtor.