{"id":1871,"date":"2025-07-19T14:52:14","date_gmt":"2025-07-19T14:52:14","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=1871"},"modified":"2025-07-19T14:52:16","modified_gmt":"2025-07-19T14:52:16","slug":"ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/","title":{"rendered":"IBBI Notification Dated 04\/07\/2025 &#8211; Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations"},"content":{"rendered":"\n<p>The key changes include enhanced disclosure requirements for the Resolution Professional (RP), who must now include details of all identified avoidance or fraudulent transactions in the Information Memorandum (IM) and regularly update the Committee of Creditors (CoC). Also, the resolution plans cannot assign avoidance or fraudulent transactions unless these were fully disclosed in the IM and communicated to all prospective resolution applicants before the resolution plan submission deadline. These are intended to facilitate informed decision-making by both the CoC and resolution applicants.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/ibbi.gov.in\/uploads\/legalframwork\/c6396cff47bd23b1b6a5445da6e905cc.pdf\"><em>(IBBI Notification Dated 04\/07\/2025,<\/em><\/a><em>&nbsp;<\/em><a href=\"https:\/\/ibbi.gov.in\/uploads\/press\/bbe147ded5923b021b8ecdff1c8f398e.pdf\"><em>Press Release Dated 08\/07\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The key changes include enhanced disclosure requirements for the Resolution Professional (RP), who must now include details of all identified [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,70],"tags":[],"class_list":["post-1871","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-notifications-ibbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The key changes include enhanced disclosure requirements for the Resolution Professional (RP), who must now include details of all identified [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-19T14:52:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-19T14:52:16+00:00\" \/>\n<meta name=\"author\" content=\"Yash Bhola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yash Bhola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\"},\"author\":{\"name\":\"Yash Bhola\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\"},\"headline\":\"IBBI Notification Dated 04\/07\/2025 &#8211; Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations\",\"datePublished\":\"2025-07-19T14:52:14+00:00\",\"dateModified\":\"2025-07-19T14:52:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\"},\"wordCount\":103,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"articleSection\":[\"IBBI\",\"IBBI Notifications\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\",\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\",\"name\":\"IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP\",\"isPartOf\":{\"@id\":\"https:\/\/bhatiabhola.com\/#website\"},\"datePublished\":\"2025-07-19T14:52:14+00:00\",\"dateModified\":\"2025-07-19T14:52:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bhatiabhola.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IBBI Notification Dated 04\/07\/2025 &#8211; Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bhatiabhola.com\/#website\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"name\":\"Bhatia Bhola & Associates LLP\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bhatiabhola.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bhatiabhola.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bhatiabhola.com\/#organization\",\"name\":\"Bhatia Bhola & Associates LLP\",\"url\":\"https:\/\/bhatiabhola.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"contentUrl\":\"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png\",\"width\":1709,\"height\":376,\"caption\":\"Bhatia Bhola & Associates LLP\"},\"image\":{\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c\",\"name\":\"Yash Bhola\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g\",\"caption\":\"Yash Bhola\"},\"url\":\"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/","og_locale":"en_US","og_type":"article","og_title":"IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP","og_description":"The key changes include enhanced disclosure requirements for the Resolution Professional (RP), who must now include details of all identified [&hellip;]","og_url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/","og_site_name":"Bhatia Bhola &amp; Associates LLP","article_published_time":"2025-07-19T14:52:14+00:00","article_modified_time":"2025-07-19T14:52:16+00:00","author":"Yash Bhola","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yash Bhola","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#article","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/"},"author":{"name":"Yash Bhola","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c"},"headline":"IBBI Notification Dated 04\/07\/2025 &#8211; Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations","datePublished":"2025-07-19T14:52:14+00:00","dateModified":"2025-07-19T14:52:16+00:00","mainEntityOfPage":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/"},"wordCount":103,"commentCount":0,"publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"articleSection":["IBBI","IBBI Notifications"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/","url":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/","name":"IBBI Notification Dated 04\/07\/2025 - Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations - Bhatia Bhola &amp; Associates LLP","isPartOf":{"@id":"https:\/\/bhatiabhola.com\/#website"},"datePublished":"2025-07-19T14:52:14+00:00","dateModified":"2025-07-19T14:52:16+00:00","breadcrumb":{"@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/07\/19\/ibbi-notification-dated-04-07-2025-amendment-to-insolvency-resolution-process-for-corporate-persons-cirp-regulations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bhatiabhola.com\/"},{"@type":"ListItem","position":2,"name":"IBBI Notification Dated 04\/07\/2025 &#8211; Amendment to Insolvency Resolution Process for Corporate Persons (CIRP) Regulations"}]},{"@type":"WebSite","@id":"https:\/\/bhatiabhola.com\/#website","url":"https:\/\/bhatiabhola.com\/","name":"Bhatia Bhola & Associates LLP","description":"","publisher":{"@id":"https:\/\/bhatiabhola.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bhatiabhola.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bhatiabhola.com\/#organization","name":"Bhatia Bhola & Associates LLP","url":"https:\/\/bhatiabhola.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/","url":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","contentUrl":"https:\/\/bhatiabhola.com\/wp-content\/uploads\/2025\/04\/cropped-cropped-Screenshot-2025-04-29-at-7.15.27\u202fAM.png","width":1709,"height":376,"caption":"Bhatia Bhola & Associates LLP"},"image":{"@id":"https:\/\/bhatiabhola.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/5c941d1613f06d46d7c656c473e8249c","name":"Yash Bhola","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhatiabhola.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aead41d7b2f010c8a719d781a6360aab0ad14fcb72ed48e049d2bbe80a30a6f8?s=96&d=mm&r=g","caption":"Yash Bhola"},"url":"https:\/\/bhatiabhola.com\/index.php\/blog\/author\/bba_ypbhola\/"}]}},"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/comments?post=1871"}],"version-history":[{"count":1,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1871\/revisions"}],"predecessor-version":[{"id":1872,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/posts\/1871\/revisions\/1872"}],"wp:attachment":[{"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/media?parent=1871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/categories?post=1871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bhatiabhola.com\/index.php\/wp-json\/wp\/v2\/tags?post=1871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}