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IBC

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

What is 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.

What is the significance of Insolvency Commencement Date under IBC?

Insolvency Commencement Date is significant under IBC because 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.

Who does Insolvency Commencement Date apply to?

Insolvency Commencement Date under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: 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...

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