{"id":2882,"date":"2022-06-16T06:01:19","date_gmt":"2022-06-16T06:01:19","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=2882"},"modified":"2022-06-16T06:01:33","modified_gmt":"2022-06-16T06:01:33","slug":"application-under-rule-4-6-or-7-of-insolvency-and-bankruptcy-application-to-adjudication-authority-rules-2016","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/application-under-rule-4-6-or-7-of-insolvency-and-bankruptcy-application-to-adjudication-authority-rules-2016\/","title":{"rendered":"Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016"},"content":{"rendered":"\n

15th June, 2022<\/p>\n\n\n\n

To
Information Utility
(By mail to registered email address and on the website of the IBBI)<\/p>\n\n\n\n

Dear Madam \/Sir,<\/p>\n\n\n\n

  1. It has been decided that henceforth, the Board will forward the application for initiating insolvency received by it in terms of rule 4, 6 or 7 of the Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016, to the Information Utility (IU) and on receipt of the said application, the IU shall:<\/li>
    1. (a) inform other creditors of the Corporate Debtor by sharing the application;<\/li>
    2. (b) issue notice to the applicant, requiring it to file \u2018information of default\u2019 in the specified format under Insolvency and Bankruptcy Board of India (Information Utility) Regulations, 2017(IU Regulations); and<\/li>
    3. (c) process the \u2018information of default\u2019 for the purpose of issuing ROD as per the IU Regulations.<\/li><\/ol><\/li><\/ol>\n\n\n\n
      1. 2. This circular is issued in exercise of powers under section 196 of the Insolvency and Bankruptcy Code, 2016.<\/li><\/ol>\n\n\n\n

        3. This Circular shall come into force with immediate effect.<\/p>\n\n\n\n

        Yours faithfully,
        Sd\/-
        (Manish Kumar Chaudhari)
        Chief General Manager<\/p>\n\n\n\n

        Circular :<\/strong> https:\/\/www.dropbox.com\/s\/pk5snows1efg1bi\/Application%20under%20Rule%204%2C%206%20or%207%20of%20Insolvency%20and%20Bankruptcy%20%28Application%20to%20Adjudication%20Authority%29%20Rules%2C%202016..pdf?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

        15th June, 2022 ToInformation Utility(By mail to registered email address and on the website of the IBBI) Dear Madam \/Sir, It has been decided that henceforth, the Board will forward the application for initiating insolvency received by it in terms of rule 4, 6 or 7 of the Insolvency and Bankruptcy (Application to Adjudication Authority) […]<\/p>\n","protected":false},"author":1,"featured_media":85,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,67],"tags":[26],"class_list":["post-2882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-circulars","category-ibbi-circulars","tag-ibbi"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=2882"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2882\/revisions"}],"predecessor-version":[{"id":2883,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2882\/revisions\/2883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/85"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=2882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=2882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=2882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}