Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2025.
40B. Filing of Forms.
| Form | Period covered and scope | To be filed by | Timeline |
| CP-1 | From commencement of CIRP till constitution of CoC: This includes details of IRP, CD, and the Applicant, admission of application by AA (Adjudicating Authority), public announcement, details of Authorised Representatives, taking over management of the CD, receipt and verification of claims, constitution of CoC, etc. | IRP | On or before the 10th day of the subsequent month, after filing the report on constitution of CoC to AA |
| CP-2 | From constitution of CoC till issue of RFRP: This includes details of RP, details of registered valuers, details in IM, expression of interest, RFRP and modification thereof, etc. | RP | On or before the 10th day of the subsequent month, after issuance of RFRP |
| CP-3A | Details of resolution plan / liquidation / closure application filed with AA: This includes details of the resolution applicants, details of approval or rejection of resolution plans by CoC, details of application filed with AA for approval of resolution plan, details of initiation of liquidation (if applicable), etc | RP | On or before the 10th day of the subsequent month, after filing application with AA |
| CP-3B | Approval of resolution plan / liquidation / closure by AA: This includes details of the resolution plan approved by the AA or liquidation order or closure order, etc | RP | Within 7 days of disposal of application by AA |
| CP-4 | Avoidance transactions reported to AA: This includes details of the avoidance transactions (preferential, undervalued, extortionate credit, fraudulent), underlying amounts, date of reporting to AA, order of AA on the application (if any), etc. | RP | On or before the 10th day of the subsequent month, after filing of application(s) with AA or disposal of application(s) by AA |
| CP-5 | Monthly: This includes updates on the status of CIRP, details of CoC meetings held, updates on litigations, details of expenses incurred, reasons for delay (if any), etc. | IRP/RP | On or before the 10th of every month for the preceding month |
They shall come into force on 1st June, 2025.
Link – https://ibbi.gov.in/uploads/legalframwork/2025-05-22-095742-qn7tr-202c20a1bf2d6bd49de67265b1436e3e.pdf
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