Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankruptcy Code, 2016, along with record of the default issued by the Information Utility

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..... IRCULAR No. IBBI/IU/59/2023 16th June, 2023 To; The creditors filing applications (u/s 7 and 9 of the Insolvency and Bankruptcy Code, 2016 ), The Information Utility (u/s 210 of the Insolvency and Bankruptcy Code, 2016 ). Dear Madam /Sir, Subject: Application to initiate corporate insolvency resolution process under sections 7 or 9 of the Insolvency and Bankrupt .....

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..... ion reads as follows: 20. Acceptance and receipt of information. (1A) Before filing an application to initiate corporate insolvency resolution process under section 7 or 9, as the case may be, the creditor shall file the information of default, with the information utility and the information utility shall process the information for the purpose of issuing record of default in accordance .....

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..... i) Chief General Manager Tel: 011-23462869 52539/2023/INFORMATION UTILITY-IBBI File No. 25/02/2023-NCLT NATIONAL COMPANY LAW TRIBUNAL 6th Floor, Block-3, CGO Complex, Lodhi Road, New Delhi. 110003 Dated: 3rd April 2023 ORDER It is brought to the attention of all stakeholders that Regulation 20(1A) has been inserted in the Insolve .....

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