IBC1 min read
Public Announcement
A mandatory announcement made by the IRP within 3 days of appointment under Regulation 6, inviting claims from all creditors of the corporate debtor. Published in newspapers and IBBI website.
Last updated: 17 May 2026
Frequently Asked Questions (FAQs)🔗
Q1. What is Public Announcement in Indian corporate law?▼
A mandatory announcement made by the IRP within 3 days of appointment under Regulation 6, inviting claims from all creditors of the corporate debtor. Published in newspapers and IBBI website.
Q2. Why is Public Announcement important for compliance?▼
Public Announcement 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 Public Announcement?▼
Public Announcement 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🔗
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