March 20, 2026
Submitted By: Vaibhav Tripathi
Circular - Reporting of status of ongoing corporate insolvency resolution processes through Form CIRP 7
To monitor delayed insolvency activities, this IBBI circular mandates Resolution Professionals to file Form CIRP 7 within three days of missing a specified CIRP deadline. Subsequent forms must be filed every 30 days until the delayed activity is completed.
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