The Insolvency and Bankruptcy Board of India vide its notification dated 2nd February 2021 has made available a facility on its website at https://ibbi.gov.in/intimation-applications/iaaa-personal-one for providing a copy of the application online to the Board.
Rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 mandates an applicant to provide a copy of the application filed for initiation an insolvency resolution process of a personal guarantor to a corporate debtor, inter alia, to the Board for its record. On submission of the application online, the applicant shall get an acknowledgment.
