March 28, 2026
Submitted By: Vaibhav Tripathi
Circular- Format for “Statement of Beneficial Ownership” and Affidavit under Regulation 38(3A) of the CIRP Regulations
IBBI mandated inclusion of beneficial ownership statement and Section 32A eligibility affidavit in resolution plans, requiring RPs to ensure their submission to CoC and Adjudicating Authority.
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