Tax Updates - Daily Update

Newsletter for tax updates and legal information

A prescribed complaint form is notified for filing grievances against a service provider or associated person under the insolvency grievance and complaint handling framework. The form requires particulars of the complainant or authorised representative, respondent identity and address, specific contraventions of the Code, rules, regulations, guidelines, circulars or directions, ...

Claims under the Inspection and Investigation Regulations must be filed in the notified form enclosed with the circular, requiring the claimant's name and address, identity details, bank remittance particulars, an explanation of how money was lost due to the alleged contravention, and a computation of the loss suffered. The form also requires a verification statement confirming ...

The IBBI specifies standard formats under the Information Utilities Regulations, 2017 for registration or renewal of registration, the certificate of registration, user submission of information, record of default, and information of dispute. Form A requires applicant details, constitutional and financial information, infrastructure, business and exit plans, and fit-and-proper d...

IBBI has specified two prescribed formats under the Bankruptcy Process for Personal Guarantors to Corporate Debtors Regulations, 2019, as amended in 2026. Form A is the written consent for an insolvency professional to act as bankruptcy trustee under regulation 3(3), and Form B is the proxy appointment form for a creditor's committee meeting under regulation 26(2). The circular ...