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Latest IBC Circulars, Notifications & Updates
IBC Updates refer to amendments, notifications, and circulars issued under the Insolvency and Bankruptcy Code, 2016 by the Ministry of Corporate Affairs and the Insolvency and Bankruptcy Board of India (IBBI). They govern corporate insolvency resolution, personal insolvency, and liquidation in India. This page tracks all latest IBC updates, IBBI circulars, and regulatory changes.
18 updates · Last updated 31 October 2026 · We publish here whenever a new notification is issued · Insolvency and Bankruptcy Code Official Site ↗
All IBC Regulatory Updates and Circulars
IBBI Circular No. IBBI/CIRP/109/2026 — revised Form CA (official PDF)
MandatoryIBBI CIRP Circulars 109 and 110 of 2026: New Form CA for Homebuyers and RERA Disclosure Rules for Real Estate Insolvency
IBBI's two 30 Oct 2026 circulars reshape real estate CIRP: a revised two-part Form CA for homebuyer claims and 7-day RERA disclosure boards at project sites.
IBBI Circular No. IBBI/CIRP/109/2026 — revised Form CA (official PDF)
31 October 2026Eff. 30 October 202617 min
IBBI Press Release No. IBBI/PR/2026/18 — Strengthening the framework for resolution of corporate debtors having real estate projects (official PDF)
MandatoryIBBI CIRP Fifth Amendment Regulations 2026: Real Estate Projects Can Be Excluded from Insolvency — Home Delivery First
IBBI's CIRP Fifth Amendment Regulations, notified 30 Oct 2026, make real estate CIRPs project-wise: 66% CoC vote can recommend exclusion, plus independent cost assessments.
IBBI Press Release No. IBBI/PR/2026/18 — Strengthening the framework for resolution of corporate debtors having real estate projects (official PDF)
31 October 202614 min
Commencement of levy of fee for delayed filing of Forms under Regulation 47B of the Liquidation Process Regulations
IBBI Starts ₹500 Fee for Delayed Liquidation Forms Under Regulation 47B
IBBI has commenced the levy of ₹500 per liquidation Form for each calendar month of delay, plus applicable GST, for Forms due on or before 30 September 2026 and filed after their due date under Regulation 47B.
Commencement of levy of fee for delayed filing of Forms under Regulation 47B of the Liquidation Process Regulations
24 September 2026Eff. 24 September 202612 min
Further Extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors.
IBBI Further Extends PGIRP Form Filing Deadline to December 31, 2026
IBBI's September 24, 2026 circular further extends the deadline for filing PGIRP-1 to PGIRP-6 forms for personal guarantor insolvency resolution processes to December 31, 2026, with late-filing penalties applying only after that date.
Further Extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors.
24 September 2026Eff. 24 September 202612 min
IBBI (Liquidation Process) (Fifth Amendment) Regulations, 2026.
IBBI (Liquidation Process) (Fifth Amendment) Regulations, 2026: New 30-Day Rule for Reporting Changes to the Stakeholder List
IBBI's Fifth Amendment to the Liquidation Process Regulations, 2016, effective September 22, 2026, replaces regulation 31(3) and (4) with one consolidated sub-regulation letting liquidators modify stakeholder-list entries on new information, with mandatory 30-day intimation to the Adjudicating Autho
IBBI (Liquidation Process) (Fifth Amendment) Regulations, 2026.
23 September 2026Eff. 22 September 20269 min
Cessation of Interim Moratorium in respect of personal guarantors to corporate debtors - Judgements of Hon'ble High Courts
MandatoryIBBI Circular 2026: Interim Moratorium for Personal Guarantors Ceased on 26 May 2026, Including Pending Applications
IBBI Circular No. IBBI/II/106/2026 dated 21 September 2026 records Bombay and Delhi High Court rulings that sections 96(4) and 124(4) of the IBC are retroactive. The interim moratorium for personal guarantors to corporate debtors ceased from 26 May 2026, including for pending applications.
Cessation of Interim Moratorium in respect of personal guarantors to corporate debtors - Judgements of Hon'ble High Courts
21 September 2026Eff. 26 May 202626 min
Insolvency and Bankruptcy Board of India (IBBI)
IBBI Discussion Paper: 4 Proposed Safeguards for Personal Guarantor Insolvency Resolution
IBBI's discussion paper proposes four IRP Regulation amendments for personal guarantors — related-party voting exclusion, avoidance transaction reporting, mandatory asset valuation, and recorded creditor deliberations — with comments due October 3, 2026.
Insolvency and Bankruptcy Board of India (IBBI)
14 September 20268 min
Circular - Due diligence by Insolvency Professionals regarding misuse of IBC framework
Directs Insolvency Professionals to Strengthen Due Diligence Against Misuse of IBC Framework
IBBI has directed Insolvency Professionals to remain vigilant against misuse of the IBC framework and conduct further enquiry where indicators suggest that CIRP or liquidation may be serving a fraudulent or malicious purpose.
Circular - Due diligence by Insolvency Professionals regarding misuse of IBC framework
10 September 2026Eff. 9 September 202613 min
IBC
IBBI Discussion Paper 2026: Guidance for Insolvency Professionals on Due Diligence to Detect Fraudulent or Malicious Initiation of CIRP
IBBI's 14 August 2026 discussion paper proposes a circular directing Insolvency Professionals to actively screen CIRP cases against 9 fraud/malice indicators and seek Section 65 penalties from the Adjudicating Authority. Comments open till 24 August 2026.
14 August 202615 min
IBC
MandatoryMCA Invites Stakeholder Suggestions on Integrated Platform for Insolvency Ecosystem (iPIE) 2026
MCA has invited stakeholder suggestions on its proposed Integrated Platform for Insolvency Ecosystem (iPIE), a unified digital platform linking NCLT, NCLAT, IBBI, MCA-21, IPs and RVs. Comments from professionals, industry and academia are due by 3 August 2026.
28 July 202614 min
Circular - Extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors.
MandatoryIBBI Extends PGIRP Form Filing Deadline for Personal Guarantor Insolvency Cases to 30th September 2026
IBBI Circular IBBI/II/104/2026 dated 9 July 2026 extends the deadline for filing PGIRP-1 to PGIRP-6 forms for personal guarantor insolvency resolution processes from 30 June to 30 September 2026, and directs IPs to ensure accurate, truthful filings across all mandatory fields.
Circular - Extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors.
9 July 2026Eff. 9 July 20269 min
Discussion Paper - Strengthening the Regulatory Framework - Amendments to CIRP Regulations, Liquidation Regulations and PG to CD Regulations
IBBI Discussion Paper Proposes Amendments to CIRP, Liquidation and Personal Guarantor Regulations — Comments Due 22 July 2026
IBBI's Discussion Paper proposes amendments to CIRP, Liquidation and Personal Guarantor Regulations — CoC approval for valuers, sealed-cover valuation reports, 30-day PG moratorium-cessation intimation, RP continuation during Sec. 12A withdrawal, and no AA approval for stakeholder-list changes.
Discussion Paper - Strengthening the Regulatory Framework - Amendments to CIRP Regulations, Liquidation Regulations and PG to CD Regulations
2 July 202613 minLatest IBC Circulars & Notifications
Latest update: 31 October 2026
Regulatory Intelligence
IBC Compliance & Regulatory FAQs
Essential compliance answers for Company Secretaries, Chartered Accountants, and corporate legal teams.
Q.Who regulates insolvency circulars and guidelines in India?
Insolvency rules and guidelines are administered by the Ministry of Corporate Affairs (MCA) and the Insolvency and Bankruptcy Board of India (IBBI) under the Insolvency and Bankruptcy Code, 2016.
Q.What is the statutory timeline for CIRP under IBC?
Under Section 12 of the IBC, 2016, Corporate Insolvency Resolution Process (CIRP) must be completed within 180 days, with a maximum permissible extension of up to 330 days including legal proceedings.
Q.What is the waterfall mechanism of liquidation payout under Section 53 of IBC?
Under Section 53 of the IBC, liquidation proceeds are distributed in strict hierarchy: (1) CIRP and liquidation costs in full; (2) Workmen dues (24 months) and secured debts ranking equally; (3) Wages of other employees (12 months); (4) Financial debts owed to unsecured creditors; (5) Government taxes (2 years) and remaining secured debt; (6) Any remaining debts and liabilities; (7) Preference shareholders; (8) Equity shareholders.
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About Insolvency and Bankruptcy Code (IBC) — Regulatory Guide
Stay updated with the latest IBC circulars today, including IBC notifications India, orders, consultation papers and regulatory changes issued by Insolvency and Bankruptcy Code.
- ✓IBC was enacted in 2016 to consolidate insolvency laws in India.
- ✓IBBI (Insolvency and Bankruptcy Board of India) is the regulator under IBC.
- ✓The Corporate Insolvency Resolution Process (CIRP) must be completed within 330 days.
- ✓IBC governs both corporate and personal insolvency proceedings.
Our platform provides simplified, sourced summaries of all IBC updates in Indiato help Company Secretaries, Chartered Accountants (CA), Cost Accountants (CMA), CS/CA/CMA students, legal enthusiasts, corporate lawyers, and compliance teams track IBC circular and notification updates in real time.
Official Source: https://ibbi.gov.in