Clarification regarding the new procedure for applying for initiating corporate insolvency resolution process online


The Insolvency and Bankruptcy Board of India on 04th March, 2023 has issued clarification regarding the facility on its
website at for serving a copy of the application for initiating corporate insolvency resolution process online to the Board.

Accordingly, to ensure filing of authentic information with the Board and further enable Board to share information relating to the application for initiation of CIRP with the IU efficiently, the format has been revised.

A step-by-step guide for submission of the application is provided. On submission of the application online, the applicant shall get an acknowledgment.

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