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Insolvency and Bankruptcy Board of India
7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110001
CIRCULAR
No. IBBI/LIQ/40/2021 04th March, 2021
To
All Registered Insolvency 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: Filing of list of stakeholders under clause (d) of sub-regulation (5) of regulation
31 of the IBBI (Liquidation Process) Regulations, 2016
The Insolvency and Bankruptcy Code read with the Insolvency and Bankruptcy Board of India
(Liquidation Process) Regulations, 2016 (Liquidation Process Regulations) require that the
liquidator shall verify every claim as on the liquidation commencement date, and thereupon
prepare a list of stakeholders, with specified details. The list of stakeholders shall be filed with
the Adjudicating Authority and the same may be modified, with its approval. The list of
stakeholders shall, inter-alia, be displayed on the website, if any, of the corporate debtor.
2. Clause (d) of sub-regulation (5) of regulation 31 of the Liquidation Process Regulations
inserted vide Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment)
Regulations, 2021 requires that the liquidator shall file the list of stakeholders on the electronic
platform of the Board for dissemination on its website. The purpose of this requirement is to
improve transparency and enable stakeholders to ascertain the details of their claims at a central
platform. This requirement is applicable to every liquidation process (a) ongoing as on the
date of notification of Insolvency and Bankruptcy Board of India (Liquidation Process)
(Amendment) Regulations, 2021, and (b) commencing on or after the said date.
3. In pursuance of the above, the Board has made available an electronic platform at
www.ibbi.gov.in for filing of list of stakeholders as well as updating it thereof. The platform
permits multiple filings by the liquidator as and when the list of stakeholders is updated by
him. The format of list of stakeholders, as finalised in consultation with the insolvency
professional agencies, is placed as Annexure.
4. The insolvency professionals are directed to file the list of stakeholders of the respective
corporate debtor under liquidation and modification thereof, in the aforesaid format, within
three days of the preparation of the list or modification thereof, as the case may be. The filings
due as on the date of circular shall be filed within 15 days of this circular.
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5. The insolvency professionals are further advised to use the aforesaid format for filing the list
of stakeholders with the Adjudicating Authority under sub-regulation (2) of regulation 31 of
the Liquidation Process Regulations.
6. This Circular is issued in exercise of the powers under clause (aa) of sub-section (1) of
section 196 of the Insolvency and Bankruptcy Code, 2016.
Yours sincerely,
Sd/-
(A. Subrahmanyam)
Chief General Manager
Tel: 011-2436 2869
Email: subrahmanyam.a@ibbi.gov.in
Encl: As above.
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Annexure
Filing under clause (d) of sub-regulation (5) of regulation 31 of the IBBI (Liquidation Process) Regulations, 2016
Name of the corporate debtor: ………………; Date of commencement of liquidation: ………………….; List of stakeholders as on: …………………
(Amount in ₹)
Sl.
No.
Category of stakeholders
Summary of claims
received
Summary of claims
admitted
Amount
of
contingent
claims
Amount
of
claims
rejected
Amount of
claims
under
verification
Details in
Annexure
Remarks,
if any
No. of
claims
Amount
No. of
claims
Amount
1 Unpaid insolvency resolution process costs
NA
2 Liquidation costs incurred till date
NA
3 Secured financial creditors
1
4 Unsecured financial creditors
2
5 Operational creditors (Workmen)
3
6 Operational creditors (Employees)
4
7 Operational creditors (Government Dues)
5
8 Operational creditors (other than Workmen,
Employees and Government Dues)
6
9 Other stakeholders, if any (other than financial
creditors and operational creditors)
7
Total
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Annexure-1
Name of the corporate debtor: ……………………; Date of commencement of liquidation: …………………….; List of stakeholders as on: ………………………
List of secured financial creditors
(Amount in ₹)
Sl.
No.
Name
of
creditor
Identification
No.
Details of claim
received
Details of claim admitted
Amount
of
contingent
claim
Amount
of any
mutual
dues,
that
may be
set off
Amount
of claim
rejected
Amount of
claim
under
verification
Remarks,
if any
Date
of
receipt
Amount
claimed
Amount
of claim
admitted
Nature
of
claim
Amount
covered
by
security
interest
Whether
security
interest
relinquished?
(Yes/No)
Details
of
Security
Interest
Amount
covered
by
guarantee
% share
in total
amount
of claims
admitted
Annexure-2
Name of the corporate debtor: ……………………; Date of commencement of liquidation: ………………….; List of stakeholders as on: …………………
List of unsecured financial creditors
(Amount in ₹)
Sl.
No.
Name of
creditor
Identification
No.
Details of claim
received
Details of claim admitted
Amount of
contingent
claim
Amount
of any
mutual
dues, that
may be
set off
Amount
of claim
rejected
Amount of
claim under
verification
Remarks, if
any
Date of
receipt
Amount
claimed
Amount of
claim
admitted
Nature
of claim
Amount
covered by
guarantee
% share in
total
amount of
claims
admitted
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Annexure-3
Name of the corporate debtor: …………………………; Date of commencement of liquidation: ……………….; List of stakeholders as on: ………………………
List of operational creditors (Workmen)
(Amount in ₹)
Sl.
No.
Name of
authorised
representative,
if any
Name of
workman
Identification
No.
Details of claim
received
Details of claim admitted
Amount
of
contingent
claim
Amount
of any
mutual
dues,
that
may be
set off
Amount
of claim
rejected
Amount of
claim
under
verification
Remarks,
if any
Date of
receipt
Amount
claimed
Total
amount
of claim
admitted
Amount of
claim for the
period of
twenty-four
months
preceding the
liquidation
commencement
date
Nature
of
claim
% share in
total
amount of
claims
admitted
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Annexure-4
Name of the corporate debtor: ……………………; Date of commencement of liquidation: ………………….; List of stakeholders as on: ………………………
List of operational creditors (Employees)
(Amount in ₹)
Sl.
No.
Name of
authorised
representative,
if any
Name of
employee
Identification
No.
Details of claim
received
Details of claim admitted
Amount of
contingent
claim
Amount
of any
mutual
dues,
that
may be
set off
Amount
of claim
rejected
Amount of
claim
under
verification
Remarks,
if any
Date of
receipt
Amount
claimed
Total
amount
of claim
admitted
Amount of
claim for the
period of
twelve months
preceding the
liquidation
commencement
date
Nature
of claim
% share
in total
amount
of claims
admitted
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Annexure-5
Name of the corporate debtor: ………………; Date of commencement of liquidation: ………………….; List of stakeholders as on: ………………………
List of operational creditors (Government Dues)
(Amount in ₹)
Sl.
No.
Details of Claimant
Details of claim
received
Details of claim admitted
Amount
of
contingent
claim
Amount
of any
mutual
dues,
that
may be
set off
Amount
of claim
rejected
Amount of
claim
under
verification
Remarks,
if any
Department Government Identification
No.
Date
of
receipt
Amount
claimed
Amount
of claim
admitted
Nature
of
claim
Amount
covered by
lien or
attachment
pending
disposal
Whether
lien /
attachment
removed?
(Yes/No)
% share
in total
amount
of claims
admitted
Annexure-6
Name of the corporate debtor: ……………………; Date of commencement of liquidation: …………………….; List of stakeholders as on: ………………………
List of operational creditors (other than Workmen, Employees and Government Dues)
(Amount in ₹)
Sl.
No.
Name of
creditor
Identification
No.
Details of claim
received
Details of claim admitted
Amount of
contingent
claim
Amount
of any
mutual
dues,
that
may be
set off
Amount
of claim
rejected
Amount of
claim under
verification
Remarks,
if any
Date of
receipt
Amount
claimed
Amount
of claim
admitted
Nature
of
claim
Amount
covered by
lien or
attachment
pending
disposal
Whether
lien /
attachment
removed?
(Yes/No)
Amount
covered
by
guarantee
% share
in total
amount
of claims
admitted
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Annexure-7
Name of the corporate debtor: ……………………; Date of commencement of liquidation: ………………………….; List of stakeholders as on:
………………………
List of other stakeholders, if any (other than financial creditors and operational creditors)
(Amount in ₹)
Sl.
No
.
Name of
stakeholde
r
Category of
stakeholder
s
(preference
shareholder
s / equity
shareholder
s / partners
/ others)
Identificatio
n No.
Details of
claim received
Details of claim admitted
Amount
of
contingen
t claim
Amoun
t of any
mutual
dues,
that
may be
set off
Amoun
t of
claim
rejecte
d
Amount of
claim
under
verificatio
n
Remarks
, if any
Date
of
receip
t
Amoun
t
claimed
Amount
of claim
admitte
d
Natur
e of
claim
Amount
covered by
lien or
attachmen
t pending
disposal
Whether
lien /
attachmen
t
removed?
(Yes/No)
Amount
covered
by
guarante
e
% share
in total
amount
of claims
admitted
