Summary: The Insolvency and Bankruptcy Board of India (IBBI) has issued Circular No. IBBI/LIQ/107/2026 dated 24 September 2026 regarding commencement of levy of fee for delayed filing of forms under Regulation 47B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The circular is addressed to all Registered Insolvency Professionals, Recognised Insolvency Professional Entities and Registered Insolvency Professional Agencies. It has been issued in continuation of Circular No. IBBI/LIQ/91/2026 dated 5 January 2026 concerning revised liquidation forms. IBBI has notified that each form which is due on or before 30 September 2026 and is submitted after its due date, whether by correction, updation or otherwise, shall be accompanied by a fee of ₹500, along with applicable GST, per month for the period of delayed filing. Thus, the levy applies to delayed submissions of the specified forms, including submissions made by way of correction or updation after the due date. The circular has been issued in accordance with Regulation 47B of the Liquidation Process Regulations and in exercise of the powers conferred under section 196 of the Insolvency and Bankruptcy Code, 2016.
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
7th Floor, Mayur Bhawan, Connaught Place, New Delhi–110001
Circular No: IBBI/LIQ/107/2026 | Dated: 24th September 2026
To
All Registered Insolvency Professionals
All Recognised Insolvency Professional Entities
All Registered Insolvency Professional Agencies
(By mail to registered email addresses and on website of the IBBI)
Subject: Commencement of levy of fee for delayed filing of Forms under Regulation 47B of the Liquidation Process Regulations
In continuation of Circular No. IBBI/LIQ/91/2026 dated 05.01.2026 regarding the revised liquidation forms and in accordance with the provisions of Regulation 47B of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, it is hereby notified that each form which is due on or before 30.09.2026 and are submitted after the due date, whether by correction, updation, or otherwise, shall be accompanied by a fee of ₹500/- (Rupees five hundred only) with applicable GST per month for the period of delayed filing.
3. This circular is issued in exercise of the powers under section 196 of the Insolvency and Bankruptcy Code, 2016.
Sd/-
(Sanjay Manocha)
General Manager
