03rd June, 2026 Circular - Formats under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. (411.69 KB)

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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001

                                                    CIRCULAR  

No. IBBI/IU/100/2026

               3rd June, 2026  

To All Registered Information Utilities
All Registered Users of Information Utilities All Registered Insolvency Professionals
All Recognised Insolvency Professional Entities
All Registered Insolvency Professional Agencies (By mail to registered email addresses and on the website of the IBBI)

Subject: Formats under the Insolvency and Bankruptcy Board of India (Information

Utilities) Regulations, 2017.

The Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 (IU Regulations) as amended vide notification No. IBBI/2026-27/GN/REG146 dated 1st June, 2026, read with the Insolvency and Bankruptcy Code, 2016 (Code), provide for various formats to be notified by the Board through a circular. These formats relate to:
i. application for certificate of registration or renewal of registration as an information utility;
ii. certificate of registration as an information utility;
iii. submission of information by a user to information utility;
iv. issuance of record of default; and
v. issuance of information of dispute.

2. In pursuance to the above, the Board hereby specifies the following formats as per the Annexure to this circular:

Sl. No. Form Description 1. Form A Application for Certificate of Registration or Renewal of Registration as an Information Utility (Under Regulation 4 of the IU Regulations). 2. Form B Certificate of Registration as an Information Utility (under Regulation 5 of the IU Regulations). 3. Form C Submission of information by user to Information Utility (under Regulation 20, 21and 27 of the IU Regulations). 4. Form D Record of Default issued by Information Utility (under Regulation 2(1)(la), 21 and 21A of the IU Regulations.

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Form E Information of Dispute issued by Information Utility (under Regulation 2(1)(lb), 21 and 21A of the IU Regulations.

3. This Circular is issued in exercise of the powers conferred under section 196 read with section 240 of the Code.

Encl.: As Above

Yours sincerely Sd/-
(B. Sankaranarayanan) General Manager

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ANNEXURE

FORM A
APPLICATION FOR CERTIFICATE OF REGISTRATION/ RENEWAL OF REGISTRATION AS AN INFORMATION UTILITY (Under Regulation 4 of the Insolvency and Bankruptcy Board of India (Information Utilities)
Regulations, 2017)

To
The Chairperson
The Insolvency and Bankruptcy Board of India
[Insert address]

From
[Name and address]

Subject: Application for grant or renewal of certificate of registration as information utility.

Madam/Sir,

1. I, being duly authorized for the purpose, hereby apply on behalf of [name and address of the applicant] for
   (a) grant of certificate of registration as information utility, or
   (b) renewal of certificate of registration as information utility,
   and enclose a copy of the board resolution authorizing me to make this application to and correspond with the Board in this respect.
2. A copy of
   (a) the memorandum of association,
   (b) the articles of association,
   (c) the bye-laws,
   (d) the business plan and
   (e) the exit management plan of the applicant is enclosed.
3. I, on behalf of [insert name], affirm that the applicant is eligible to be registered as an information utility.
4. I, on behalf of [insert name], hereby affirm that –
   (a) all information contained in this application is true and correct in all material respects,
   (b) no material information relevant for the purpose of this application has been suppressed, and
   (c) registration granted or renewed in pursuance of this application may be cancelled summarily if any information submitted is found to be false or misleading in material respects at any stage.

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5. If granted registration, I, on behalf of [insert name], undertake to comply with the requirements of the Code, the rules, regulations, guidelines or directions issued thereunder, and such other conditions and terms as may be contained in the certificate of registration or be specified or imposed by the Board subsequently.

Yours faithfully,
Sd/-
Authorized Signatory
(Name)
(Designation)

Date :
Place :

ANNEXURE TO FORM A
PART I GENERAL

1. Name of the applicant.
2. Address of registered office and principal place of business of the applicant.
3. Corporate Identity Number (CIN).
4. PAN.
5. Name, designation and contact details of the person authorized to make this application and correspond with the Board in this respect.

[PART II]

MEMORANDUM OF ASSOCIATION, ARTICLES OF ASSOCIATION AND BYE- LAWS
6. Please state if the memorandum of association, articles of association and bye-laws provide for all matters as required in, and are consistent with the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 and the Code.

PART III
SHAREHOLDING AND FINANCIAL STRENGTH 7. Please provide details of the persons holding more than 5%, directly or indirectly, of the paid-up equity share capital or total voting power of the applicant.
Sl.
No.
Name and address
of the shareholder
PAN / Passport No. and country of issue/ company registration number
Percentage of shareholding in the applicant company and/ or holding
company

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8. Do persons resident outside India in aggregate hold more than 49% of the paid-up equity share capital or total voting power of the applicant? Please provide details.

9. Who exercises control over the applicant? Please provide details.

10. Do persons resident outside India exercise control over the applicant? If so, please provide details.

11. Please provide audited financial statements of:
    (a) a company holding more than 5% of the paid-up equity share capital or total voting power of the applicant (if any),
    (b) a company who is in control of the applicant (if any),
    (c) promoter company (if any),
    (d) the applicant company itself, of the last three years or from the date of incorporation of the company, whichever is less.

PART IV
DIRECTORS AND EMPLOYEES
12. Please provide the details of the applicant’s Board of Directors, key managerial personnel and compliance officer, if any:
Sl. No.
Name and address of the director
DIN and PAN

13. Please provide number of employees, category-wise.

PART V
INFRASTRUCTURE
14. Please provide the details of infrastructure the applicant currently has and proposes to have to enable it to discharge its functions as an information utility, including-
a. Technology
b. Data Security
c. Facilities for hosting the data center
d. Grievance redressal and disciplinary proceedings
e. Any further plan for additional/ improved infrastructure to be indicated.

PART VI
BUSINESS PLAN
15. Please provide a summary of the applicant’s Business Plan.
16. Please provide the time frame in which the applicant will be able to provide the services of an information utility from the date of registration.

PART VII

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EXIT MANAGEMENT PLAN
17. Please provide a summary of the applicant’s Exit Management Plan, including the manner in which users will be enabled to transfer their information to other utilities.

PART VIII
FIT AND PROPER CRITERIA
18. Please provide information to demonstrate that the persons holding more than 5% of the paid-up equity share capital or total voting power of the company, the promoters, the key managerial personnel, the directors of the applicant and the applicant are fit and proper persons.
Sl.
No .
Name

Relati onship to the applic ant
DIN/
CIN/ PAN
Details of conviction orders, if any, against the person
Details of restraining orders, if any, against the person
Is the person an undischarged insolvent or bankrupt? If yes, please provide details
Details pertaining to the character, reputation and integrity of the person
Any
other inform ation

PART IX
COMPLIANCE
[For applications for renewal of registration]
19. Please provide details of the information utility’s compliance with the conditions of its certificate of registration.
20. Please provide details of the information utility’s compliance with the Code, rules, regulations, guidelines and directions thereunder, during the period of registration.

Please provide any other details you consider relevant in support of the application.

Sd/-
Authorized Signatory
(Name)
(Designation)
Date :
Place :

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FORM B
CERTIFICATE OF REGISTRATION AS AN INFORMATION UTILITY (Under Regulation 5 of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017)

THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
CERTIFICATE OF REGISTRATION NO. ………..

The Insolvency and Bankruptcy Board of India hereby grants/ renews this /the certificate of registration to/of _____[insert name and address] to act as an information utility in accordance with the Insolvency and Bankruptcy Code, 2016.

The certificate of registration is valid from [insert start date] to [insert end date] and may be renewed.
Sd/-
(Name and Designation)
(For and on behalf of Insolvency and Bankruptcy Board of India)

Place :
Date :

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FORM C
SUBMISSION OF INFORMATION BY USER TO INFORMATION UTILITY (Under regulation 20, 21 and 27 of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017) (Note: Information may be accepted in this Form with necessary modifications as the information utility deems fit.)

A. Details relating to Creation of Debt Sl. No. Nature of information Particulars I II III Details of the user submitting information 1 Business date (The information will be as on date. For example, data of 30th April 2020 submitted even on a later date, say on 05th May 2020, will be as on the business date – 30th April 2020)

2 UIN (PAN)

3 Full Name (Please provide your First, Middle and Last name without salutations)

4 Relationship (Debtor/Creditor/ Guarantor/ Co-obligant / Security Provider / Assignee)

5 Date of Birth/ Date of incorporation

6 Communication address

7 PIN Code

8 Telephone No.

9 Mobile No.

10 Email ID-1 (for Submission acknowledgment, other submission related messages or any other general-purpose message)

11 Email ID-2 (for Dispute alert sent to submitter)

12 Email ID-3 (for Default alert sent to submitter)

Details of Other Parties to the Debt (Apart from the person submitting the debt) Details of Parties (please add as many parties as may be applicable) 13 Relationship
(Debtor/Creditor/ Guarantor/ Co-obligant/ Security Provider / Assignee)

14 Party name (Please provide your First, Middle and Last name without salutations)

15 Registered / Permanent Address

16 Registered Address PIN Code

17 Communication address

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18 Communication Address PIN Code

19 Party Type (Indian Entity, Resident Individual, Foreign Entity, NRI/Foreign Individual)

20 Legal Constitution (Public Ltd. company, Private Ltd. company, LLP, Proprietorship, Partnership, Entity Created by or under a Statute, Trust, HUF, Co-op Society, Association of Persons, Government, Self Help Group, Resident Individual, Non-Resident Foreign Company).

21 MSME Flag (Y/N)

22 MSME Sub-type (Micro, Small, Medium)

23 Industry Category

24 Date of Birth/ Date of incorporation

25 Corporate Identification Number (CIN/LLPIN) for registered corporate entities.

26 PAN

27 Customer ID

28 CKYC KIN

29 Contact Person Name

30 Contact Person’s Mobile No.

31 Alternative Number

32 Email ID

33 Alternative Email ID

Details of the Debt 34 Debt Reference Number

35 Old Debt Reference No. (Unique identifier of the debt, in case the debt has previously been recorded in any Information Utility)

36 Creditor Location (Creditor’s internal location code, where submitted by creditor)

37 Creditor Business Unit (Creditor’s internal business unit code, where submitted by creditor)

38 Creditor RM Email (Email of Creditor’s Relation Manager, for notification purpose)

39 Debt Contract Date (Date of sanction, last renewal, debt acknowledgements, etc.)

40 Debt Start Date (Date of first disbursement or date of activation of the facility)

41 Sanction Reference No.

42 Sanction Currency

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43 Sanctioned Amount

44 Drawing Power

45 Type of Debt (Financial, Operational)

46 Intermediary Status (Yes, No)

47 Debt sub-type

48 Funded Type Indicator (Funded, Non-fund)

49 Facility name

50 Repayment frequency (Monthly, Quarterly, Half yearly, Annual, On demand, Bullet, Rolling, Others)

51 Tenor of debt

52 Instalment Amount

53 Rate of interest

54 Lending arrangement (Sole Banking, Consortium, Multiple Banking Arrangement, Outside Multiple Banking, Outside Consortium, Others)

55 Currency of debt

56 Total Outstanding Amount

57 Principal Outstanding

58 Interest Outstanding

59 Other Charges Outstanding

60 Amount Overdue

61 Days Overdue (Number of days overdue as on business date of reporting. If no overdue, report zero value)

62 Asset Classification (Standard, Sub-standard, Doubtful, Loss)

63 SMA Category (0, 1, 2, N)

64 Account Closed Flag (Yes, No, Assigned)

65 Part-A Remarks (Any remarks that can be helpful for Other Parties during authentication)

B. Details relating to Creation of Security on Debt (If not applicable, please write NA) 66 Date of creation of Security Interest

67 Type of Charge created (Mortgage, Hypothecation, Charge, Assignment, Pledge, Lien, Negative Lien, Guarantee, Asset Cover and such other charges)

68 Assets type

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(Movable, Immovable, Intangible, Not Classified) 69 Security type (Nature of asset used as security as per list of values)

70 Security Category (Primary, Collateral)

71 Asset ID (identification number of asset on which charge is created)

72 Description of security

73 Value of security

74 Currency of Security

75 Date of valuation

76 ROC Charge ID (as registered with MCA, where applicable)

77 CERSAI Security Interest ID

78 Part-B Remarks (Any remarks that can be helpful for Other Parties during authentication)

C. Details relating to Default of Debt (If not applicable, please write NA) 79 Date of default

80 Total Outstanding Amount

81 Default amount

82 Days past due

83 Amount of last repayment

84 Date of last repayment

85 Date of filing of suit

86 Part-C Remarks (Any remarks that can be helpful for Other Parties during authentication)

87 Documents* uploaded as proof for Debt, Security and Default:- Debt: a. Copy of Loan Agreement (as revised from time to time) b. Repayment schedule (If in possession of the submitter) c. Balance Confirmation d. Balance Sheet and Cash Flow Statements (If the submitter is the Debtor) e. Any other documents relating to creation of debt/change in the terms of the debt f. document showing latest acknowledgment of debt by the debtor Security: a. Copy of the Security Deed b. Copy of the Valuation Report c. Proof of Registration with CERSAI d. Copy of the Certificate of Registration of Charge e. Any other document relating to creation of security

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Default: Any documents attached as a proof of default

• Documents can be submitted at any stage, not necessarily along with the data in Form C.

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FORM D* RECORD OF DEFAULT

(Issued by information utility under regulation 21 and 21A of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017)

This record of default is issued to: Name of the Creditor:__________________(also tick category below) Financial Institution as defined u/s 3(14) of the Code:
Financial Creditor other than Financial Institution:
Operational Creditor:

For purposes of Section: 7 9 of the Code in respect of the default of debt as per details given below- (a) Name of Debtor: (b) Unique Debt Identifier Number:
(c) Registered Address: (d) Total debt amount (₹): (e) Amount of default (₹): (f) Date of default: (g) Status of Authentication of default: Filing of Default (Submission ID No.) Submitted on
(DD/MM/YY)
Status

Authentication completed on (DD/MM/YY)

……………….(name of the information utility) is authorized to issue this record of default and has accordingly affixed its digital signature, as per the provisions of the Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017, Guidelines for Technical Standards for Performance of Core Services and Other Services and the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2017.

Date:

Digital Signature of the Authorized Signatory

Note:

1. Technical details may be inserted by the respective Information Utility.
2. List of supportive annexures may be enclosed by the respective Information Utility.
3. Other details/documents, if any, may be enclosed by the Information Utility.

*(Note: Information may be issued in this Form with necessary modifications as the information utility deems fit)

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FORM E* INFORMATION OF DISPUTE

(Issued by information utility under regulation 21 and 21A of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017)

This information of dispute is issued to: Name of the Creditor:_____________ (also tick category below) Financial Institution as defined u/s 3(14) of the Code:
Financial Creditor other than Financial Institution:
Operational Creditor:

in respect of the default of debt as per details given below- (a) Name of Debtor: (b) Unique Debt Identifier Number:
(c) Registered Address: (d) Total debt amount (₹): (e) Amount of default (₹): (f) Date of default: (g) Status of Authentication of default: Filing of Default (Submission ID No.) Submitted on
(DD/MM/YY)
Status

Disputed on (DD/MM/YY)

……………….(name of the information utility) is authorized to issue this information of dispute
and has accordingly affixed its digital signature, as per the provisions of the Insolvency and Bankruptcy Code, 2016 read with Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017, Guidelines for Technical Standards for Performance of Core Services and Other Services and the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2017.

Date:

Digital Signature of the Authorized Signatory

Note:

1. Technical details may be inserted by the respective Information Utility.
2. List of supportive annexures may be enclosed by the respective Information Utility.
3. Other details/documents, if any, may be enclosed by the Information Utility.
4. This form shall also be used for issuing Information of dispute for default amount for which evidence of dispute has been received and verified as per Regulation 21A(3).

*(Note: Information may be issued in this Form with necessary modifications as the information utility deems fit)