Application to Adjudicating Authority 2016

Rule 10. Filing of application and application fee. (1) Till such time the rules of procedure for conduct of proceedings under the Code are notified, the application made under sub-section…

Rule 9. Interim resolution professional.— (1) The applicant, wherever he is required to propose or proposes to appoint an insolvency resolution professional, shall obtain a written communication in Form 2…

Rule 8. Withdrawal of application.— The Adjudicating Authority may permit withdrawal of the application made under rules 4, 6 or 7, as the case may be, on a request made…

Rule 7. Application by corporate applicant. — (1) A corporate applicant, shall make an application for initiating the corporate insolvency resolution process against a corporate debtor under section 10 of…

Rule 6. Application by operational creditor.— (1) An operational creditor, shall make an application for initiating the corporate insolvency resolution process against a corporate debtor under section 9, of the…

Rule 5. Demand notice by operational creditor. — (1) An operational creditor shall deliver to the corporate debtor, the following documents, namely.- (a) a demand notice in Form 3; or(b)…

Rule 4. Application by financial creditor.— (1) A financial creditor, either by itself or jointly, shall make an application for initiating the corporate insolvency resolution process against a corporate debtor…

Rule 3. Definitions.— (1) In these Rules, unless the context otherwise requires,- (a) “Code” means the Insolvency and Bankruptcy Code, 2016 (31 of 2016);(b) “corporate insolvency resolution process” means the…

Rule 2. Application. — These Rules shall apply to matters relating to the corporate insolvency resolution process.

Rule 1. Short title and commencement. — (1) These rules may be called the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. (2) They shall come into force from…