The Insolvency and Bankruptcy Board of India (IBBI), through Circular No. IBBI/INSP/101/2026 dated June 3, 2026, has notified a standardized format for filing claims under Regulation 14(3) of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017. The form is intended for claimants seeking compensation pursuant to an order issued under Section 220(4) of the Insolvency and Bankruptcy Code. It requires claimants to provide their name, address, identity details including Aadhaar, PAN, and bank account information, along with a detailed explanation of how they suffered financial loss due to the contravention identified in the relevant order. Claimants must also furnish a computation of the loss suffered and verify the accuracy of the information provided. Additionally, where the claim amount exceeds ₹10,000, the verification must be notarized before submission. The circular seeks to standardize the claim filing process, ensure transparency, and facilitate efficient examination and settlement of compensation claims.
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001
Circular No. IBBI/INSP/101/2026 | Dated: 3rd June, 2026
To: All Registered Insolvency Professionals
All Recognised Insolvency Professional Entities
All Registered Insolvency Professional Agencies
(By mail to registered email addresses and on the website of the IBBI)
Dear Madam/Sir,
Subject: Format for filing claims
1. Sub-regulation (3) of regulation (14) of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017 states that the Board shall notify a form for filing claims.
2. In exercise of the above provision, the format is enclosed at Annexure.
Sd/-
(Ravinder Maini)
Executive Director
Annexure
FORM
(Under Regulation 14(3) of the Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017)
Claim under Order No… dated………… under section 220(4) of the Code
| Sl. No. |
Description | Particulars |
| 1. | Name and Address of the Claimant | |
| 2. | Identity of the Claimant
(a) Aadhaar No (b) PAN (c) Bank account no, name of the bank, branch to which money is to be remitted and IFSC code |
|
| 3. | Please explain how you have lost money on account of contravention as mentioned under section 220(4) | |
| 4. | Please show computation of loss suffered by you |
Verification
I hereby verify and affirm that the contents as stated above are true and correct to the best of my knowledge and belief and no material fact has been concealed.
(Signature of the Claimant)
Note: If the amount of claim exceeds Rs. 10,000, this verification shall be done before a Notary for the purpose of submission of claim.
