CIRP Forms 2026: Insolvency Professional Filing Calendar After IBBI Amendments
By Ravi Sisodia · Reviewed by CA Divyanshu Sengar · Updated 5 October 2026
Finin2min 2-Minute Summary
- IBBI issued a 2 June 2026 circular prescribing formats under the CIRP Regulations, so an insolvency professional should build the filing calendar from the current forms framework rather than an old spreadsheet.
- The compliance calendar should link each filing trigger to the regulation, due event, responsible team member, source documents and proof of submission.
- IBBI’s 2026 changes include regulation amendments and format changes; discussion papers and final instruments must be distinguished.
Begin with the 2 June formats circular
IBBI’s “What’s New” repository records a 2 June 2026 circular on formats under the Insolvency Resolution Process for Corporate Persons Regulations, 2016. The practical consequence is that an IP should verify each form name, field and filing route against that circular and the current portal before using a pre-2026 calendar. A filing list copied from an older CIRP can be structurally wrong even if the event dates are correct.
Design the calendar around triggers
Do not create one column called “due date”. Use event date, triggering provision, form, statutory/portal due date, internal cut-off, owner, reviewer, supporting documents, submission reference and exception note. Typical triggers arise from commencement, public announcement, claims, CoC events, valuation/information memorandum stages, resolution-plan milestones and closure, but the exact form set should be taken from the operative regulations/circular rather than assumed.
Use internal cut-offs before statutory deadlines
Set an internal evidence freeze and review date ahead of the filing deadline. For example, if a form depends on a CoC meeting, make the minutes owner responsible for delivering signed/settled minutes by an earlier internal date. This prevents the insolvency professional from discovering missing votes or attachments at the filing stage.
Exception register
Where the portal is unavailable, data is under dispute or a filing is delayed, record the issue, attempted submission evidence, correspondence and remedial action. IBBI introduced modification utilities and fee consequences for delayed CIRP form filing in late 2025, so a 2026 compliance file should treat corrections and delays as controlled exceptions rather than silent overwrites.
Example calendar row
For a CoC-related filing, the row should identify the meeting date, the specific regulation/circular form, the external due date, an internal due date, the person preparing voting data, the person reconciling attendance/votes, attachments required and the eventual acknowledgement number. This converts the calendar from a reminder list into an auditable compliance record.
Monthly control
At month end, reconcile all CIRP events against forms actually filed, not merely against the calendar. Confirm that portal acknowledgements are stored, modifications are traceable and pending exceptions have an owner. Refresh the master calendar whenever IBBI issues a final regulation or circular; a discussion paper belongs in a watchlist, not in the mandatory filing schedule.
Questions readers commonly ask
Why is the 2 June 2026 circular important?
IBBI lists it as the circular prescribing formats under the CIRP Regulations, so it is a key source for the current form set.
Should discussion-paper proposals be built into the filing calendar?
No. Track them separately until a final operative instrument is issued.
What evidence should be stored after filing?
Keep the submitted form, attachments, portal acknowledgement and any modification or delay record.
Why use an internal cut-off?
It gives time to reconcile event data and supporting documents before the external deadline.
Official sources
- Circular - Formats under CIRP Regulations, 2 June 2026 - Insolvency and Bankruptcy Board of India
- IBBI legal framework - circulars - Insolvency and Bankruptcy Board of India
- IBBI legal framework - CIRP Regulations - Insolvency and Bankruptcy Board of India
Educational information only. Tax, legal, insolvency, securities, FEMA and banking outcomes depend on the governing instrument and facts; obtain professional advice for material or disputed matters.
Disclaimer
Educational and professional reference only; confirm the current law, rates and the facts of your case before relying on this page.