{"id":2272,"date":"2025-09-09T11:49:36","date_gmt":"2025-09-09T11:49:36","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=2272"},"modified":"2025-09-09T11:49:37","modified_gmt":"2025-09-09T11:49:37","slug":"ibbi-circular-dated-14-07-2025-withdrawal-of-form-ip-1-for-assignments-under-ibc-processes","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/09\/09\/ibbi-circular-dated-14-07-2025-withdrawal-of-form-ip-1-for-assignments-under-ibc-processes\/","title":{"rendered":"IBBI Circular Dated 14\/07\/2025 &#8211; Withdrawal of Form IP-1 for assignments under IBC Processes\u00a0"},"content":{"rendered":"\n<p>The Form IP-1 was for reporting assignments under the Insolvency and Bankruptcy Code (IBC) to facilitate monitoring of appointments such as Interim Resolution Professional, Resolution Professional, Liquidator, and Bankruptcy Trustee. The Board has since transitioned to a more structured and digitized reporting mechanism. It is mandated that Insolvency Professionals (IPs) report appointments under various IBC processes\u2014Corporate Insolvency Resolution Process (CIRP), Liquidation, Voluntary Liquidation, personal guarantor resolution, bankruptcy, and proceedings related to Financial Service Providers, via the Assignment Module on its electronic portal.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/ibbi.gov.in\/uploads\/legalframwork\/cf1c82fb3227d1d8a5c7ffbff544cf9f.pdf\"><em>(Link: IBBI Circular Dated 14\/07\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Form IP-1 was for reporting assignments under the Insolvency and Bankruptcy Code (IBC) to facilitate monitoring of appointments such [&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":[66,71],"tags":[],"class_list":["post-2272","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-circulars-ibbi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI Circular Dated 14\/07\/2025 - Withdrawal of Form IP-1 for assignments under IBC Processes\u00a0 - 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\/09\/09\/ibbi-circular-dated-14-07-2025-withdrawal-of-form-ip-1-for-assignments-under-ibc-processes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBBI Circular Dated 14\/07\/2025 - Withdrawal of Form IP-1 for assignments under IBC Processes\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The Form IP-1 was for reporting assignments under the Insolvency and Bankruptcy Code (IBC) to facilitate monitoring of appointments such [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/09\/09\/ibbi-circular-dated-14-07-2025-withdrawal-of-form-ip-1-for-assignments-under-ibc-processes\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; 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