IBC1 min read
Insolvency Commencement Date
The date of admission of application for initiating CIRP by NCLT under Section 7, 9, or 10 of IBC. The 180-day CIRP timeline and look-back periods for avoidance transactions are calculated from this date.
Last updated: 17 May 2026
Frequently Asked Questions (FAQs)🔗
Q1. What is Insolvency Commencement Date in Indian corporate law?▼
The date of admission of application for initiating CIRP by NCLT under Section 7, 9, or 10 of IBC. The 180-day CIRP timeline and look-back periods for avoidance transactions are calculated from this date.
Q2. Why is Insolvency Commencement Date important for compliance?▼
Insolvency Commencement Date is governed by the Insolvency and Bankruptcy Code, 2016 and regulated by IBBI. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Q3. Who should know about Insolvency Commencement Date?▼
Insolvency Commencement Date is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with IBC regulatory matters in India.
Contextual Analysis & Regulatory Updates🔗
Read our latest analysis and critical updates on corporate circulars related to IBC:
IBBI Discussion Paper Proposes 13 Reforms to Real Estate Insolvency, 2026
Published: 30 June 2026
IBBI Valuation Guidelines 2026: Standardised Formats, Coordinating Valuer Framework & 23-Point Report Standard Under IBC
Published: 17 June 2026
IBBI Information Utilities Regulations, 2017: Full Guide to June 2026 Amendments
Published: 15 June 2026