IBBI circular IBBI/CIRP/94/2026 · 02 Jun 2026
Official title
Circular - Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
Official record
Open source pageSummary
The Insolvency and Bankruptcy Board of India (IBBI) has specified various mandatory formats to be used under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. These formats cover essential procedural requirements including public announcements, written consents for insolvency professionals, lists of assets and records, various proofs of claim for different creditor classes, applications for process withdrawal, invitations for expressions of interest, and compliance certificates for resolution plans. These forms are intended to standardize the documentation required during the corporate insolvency resolution process. Insolvency professionals, insolvency professional entities, and insolvency professional agencies are required to utilize these specified formats in their respective roles.
What you must do
Who is affected
If you do not comply
7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110 001
CIRCULAR
No. IBBI/CIRP/94/2026 02nd June, 2026
To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on the website of the IBBI)
Subject: Formats under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), as amended by the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2026 specify various forms relating to the process to be notified by Board through circular.
| Sl. No. | Regulation | Description | Form |
|---|---|---|---|
| 1. | Regulation 6 | Public Announcement | Form A |
| 2. | Regulation 3(1A), (1B) | Written Consent to Act as Resolution Professional | Form AA |
| 3. | Regulation 4A(3) | Written Consent to Act as Authorised Representative | Form AB |
| 4. | Regulation 3A | Format for list of assets and records | Form AC |
| 5. | Regulation 7 | Proof of Claim by Operational Creditors except Workmen and Employees | Form B |
| 6. | Regulation 8 | Submission of claim by Financial Creditors | Form C |
| 7. | Regulation 8A | Submission of claim by Financial Creditors in a Class | Form CA |
| 8. | Regulation 9 | Proof of Claim by a Workman or an Employee | Form D |
| 9. | Regulation 9 | Proof of Claim submitted by Authorised Representative of Workmen or Employees | Form E |
| 10. | Regulation 9A | Proof of Claim by Creditors (other than financial creditors and operational creditors) | Form F |
Annexure
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 | ||
|---|---|---|
| 1. | Name of corporate debtor | |
| 2. | Date of incorporation of corporate debtor | |
| 3. | Authority under which corporate debtor is incorporated / registered | |
| 4. | Corporate Identity No. / Limited Liability Identification No. of corporate debtor | |
| 5. | Address of the registered office and principal office (if any) of corporate debtor | |
| 6. | Insolvency commencement date in respect of corporate debtor | |
| 7. | Estimated date of closure of insolvency resolution process | |
| 8. | Name and registration number 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, ascertained 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. | (a) Relevant Forms and (b) Details of authorized representatives are available at: | Web link:….. Physical Address:……. |
Notice is hereby given that the National 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 the 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 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: :
FORM AA WRITTEN CONSENT TO ACT AS RESOLUTION PROFESSIONAL (Under Regulation 3(1A) and (1B) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016)
[Date]
From [Name of the insolvency professional] [Registration number of the insolvency professional] [Address of the insolvency professional registered with the Board]
To The Committee of Creditors [name of corporate debtor]
Subject: Written Consent to act as resolution professional.
I, [name], an insolvency professional enrolled with [name of insolvency professional agency] and registered with the Board, note that the committee proposes to appoint me as resolution professional under section 22(3)(a) / 22(3)(b) / 27(2) of the Code for corporate insolvency resolution process of [name of the corporate debtor].
In accordance with regulation 3(1A) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, I hereby give consent to the proposed appointment.
I declare and affirm as under: - a. I am registered with the Board as an insolvency professional. b. I am not subject to any disciplinary proceedings initiated by the Board or the Insolvency Professional Agency. c. I do not suffer from any disability to act as a resolution professional. d. I am eligible to be appointed as resolution professional of the corporate debtor under regulation 3 and other applicable provisions of the Code and regulations. e. I shall make the disclosures in accordance with the code of conduct for insolvency professionals as set out in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016; f. I am having the following processes in hand:
| Sl. No. | Role as | No. of Processes on the date of Consent |
|---|---|---|
| 1 | Interim Resolution Professional | |
| 2 | Resolution Professional of a. Corporate Debtors b. Individuals | |
| 3 | Liquidator of a. Liquidation Processes b. Voluntary Liquidation Processes | |
| 4 | Bankruptcy Trustee | |
| 5 | Authorised Representative | |
| 6 | Any other (Please state) |
Date: (Signature of the insolvency professional) Place: Registration No. .......
FORM AB WRITTEN CONSENT TO ACT AS AUTHORISED REPRESENTATIVE (Under Regulation 4A(3) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016)
[Date]
From [Name of the insolvency professional] [Registration number of the insolvency professional] [Registered address of the insolvency professional]
To The Interim Resolution Professional [name of corporate debtor]
Subject: Written Consent to act as authorized representative.
I, [name], an insolvency professional enrolled with [name of insolvency professional agency] and registered with the Board, note that you have proposed to appoint me as the authorized representative of financial creditors in a class [specify class] in the corporate insolvency resolution process of [name of the corporate debtor].
In accordance with regulation 4(A) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, I hereby give my consent to the proposed appointment.
I declare and affirm as under: - a. I am registered with the Board as an insolvency professional. b. I am not subject to any disciplinary proceedings initiated by the Board or the Insolvency Professional Agency. c. I do not suffer from any disability to act as an authorized representative. d. I shall not canvass with the creditors to indicate their choice in my favour in Form CA. e. I am having the following processes in hand: