Summary: The Insolvency and Bankruptcy Board of India, through Circular No. IBBI/II/108/2026 dated 24 September 2026, has further extended the time for filing electronic forms PGIRP-1 to PGIRP-6. These forms are used to monitor insolvency resolution processes concerning personal guarantors to corporate debtors under the Insolvency and Bankruptcy Code, 2016 and the regulations made thereunder. The circular is addressed to registered insolvency professionals, recognised insolvency professional entities and registered insolvency professional agencies. It states that the Board had mandated filing the forms on its electronic platform and had subsequently extended the deadline to 30 September 2026 through Circular No. IBBI/II/104/2026 dated 9 July 2026. Following further feedback from insolvency professionals and insolvency professional agencies seeking more time, the Board has extended the last date for submission of all applicable PGIRP forms to 31 December 2026. Penalties for delayed submission or modification of these forms will now be levied only after 31 December 2026. Stakeholders seeking clarification may consult the FAQs available on the IBBI website, while technical difficulties with electronic filing may be reported to the support email address specified in the circular. The Board issued the circular under section 196(1)(aa) of the Code.
Insolvency and Bankruptcy Board of India
7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001
Circular No: IBBI/II/108/2026 |Date: 24th September 2026
To
All Registered Insolvency Professionals
All Recognised Insolvency Professional Entities, and
All Registered Insolvency Professional Agencies
(By mail to registered email addresses and on the website of the IBBI)
Subject: Further extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Pursuant to Circular No. IBBI/II/92/2026 dated 6th March 2026, the Board has mandated the filing of electronic forms PGIRP-1 to PGIRP-6 on its e-platform for monitoring insolvency resolution processes concerning personal guarantors to corporate debtors.
2. Subsequently, by Circular No. IBBI/II/104/2026 dated 9th July 2026, the Board recognizing the practical difficulties faced by stakeholders and the transitional time required, extended the deadline for filing the applicable PGIRP forms till 30th September 2026. However, the Board has received feedback from Insolvency Professionals (IPs) and Insolvency Professional Agencies (IPAs) seeking the extension on filing the forms. In view of these proposed changes, and to ensure seamless compliance, an additional extension of the filing deadline is warranted.
3. Considering the above, the Board has decided to further extend the timelines for filing the PGIRP forms as follows:
a) The last date for submission of all applicable PGIRP forms is hereby further extended till 31st December 2026.
b) In line with this extension, penalties for delayed submission or modification of these forms shall now be levied only after 31st December 2026.
4. In case of any clarification, stakeholders may refer to the Frequently Asked Questions (FAQs) available on www.ibbi.gov.in. Any technical issues or difficulties faced during the electronic filing process may be reported directly to [email protected].
5. This circular is issued in exercise of the powers conferred under clause (aa) of sub-section (1) of section 196 of the Insolvency and Bankruptcy Code, 2016.
Sd/-
(Sanjay Manocha)
General Manager
