In exercise of the powers conferred by sections 196, 210, 213, 214, 215 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-03062026-273084 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 365] NEW DELHI, TUESDAY, JUNE 2, 2026/JYAISTHA 12, 1948 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 1st June, 2026 Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2026 F. No. IBBI/2026-27/GN/REG146.— In exercise of the powers conferred by sections 196, 210, 213, 214, 215 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations further to amend the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017, namely:- 1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2026. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017, (hereinafter referred to as 'the principal regulations'), in regulation 2, (i) in sub-regulation (1)- (a) in clause (la), for the words "Form D of the Schedule", the words "such format as notified by the Board through circular" shall be substituted. (b) after clause (la), the following clause shall be inserted, namely:- "(lb) "Information of dispute" means the status of authentication of default issued in such format as notified by the Board through circular;" (c) clause (p) shall be omitted. (ii) after sub-regulation (2), the following explanation shall be inserted, namely:- "Explanation: For the purpose of these regulations, unless the context otherwise requires, reference to the term "debtor' shall include 'corporate debtor'." 3. In the principal regulations, in regulation 4, (a) in sub-regulation (1), for the words "Form A of the Schedule", the words "such format as notified by the Board through circular” shall be substituted. (b) in sub-regulation (2), for the words "Form A of the Schedule", the words "such format as notified by the Board through circular” shall be substituted. 4. In the principal regulations, in regulation 5, in sub-regulation (4), in clause (e), for the words “Form B of the Schedule", the words “such format as notified by the Board through circular" shall be substituted. 5. In the principal regulations, in regulation 15, in sub-regulation (3), in clause (ba),- (a) in item (ii), the word "and" occurring at the end, shall be omitted; (b) in item (iii), for the punctuation mark "." occurring at the end, the words and punctuation mark “ ; and" shall be substituted; (c) after item (iii), the following item shall be inserted, namely:- " (iv) issuance of information of dispute." 6. In the principal regulations, in regulation 20, in sub-regulation (1), for the words “Form C of the Schedule”, the words "such format as notified by the Board through circular” shall be substituted. 7. In the principal regulations, in regulation 21, (i) in sub-regulation (2), in clause (c), in sub-clause (iii), - (a) for the words "Form C of the Schedule", the words "such format as notified by the Board through circular" shall be substituted. (b) for item (A), the following shall be substituted, namely:- "(A) by a financial creditor, which is a financial institution as defined in clause (14) of section 3 of the Code;" (ii) for sub-regulation (3) the following shall be substituted, namely:- "(3) On completion of the process under sub-regulation (2), the information utility shall record the status of authentication of information of default as indicated in the table below: TABLE +-----+-----------------------------------+----------------+--------------------------+ | SI. | Response of the Debtor | Status | Nature of Record to be | | No. | | | issued | +=====+===================================+================+==========================+ | (1) | (2) | (3) | (4) | +-----+-----------------------------------+----------------+--------------------------+ | 1 | (a) Debtor confirms the information of | Authenticated | Record of Default | | | default, | | | | | or | | | | | (b) Debtor does not respond even after | | | | | three reminders | | | +-----+-----------------------------------+----------------+--------------------------+ | 2 | Debtor disputes the information of | Disputed | Information of Dispute | | | default | | | +-----+-----------------------------------+----------------+--------------------------+ Provided that in case of financial institution as defined in clause (14) of section 3 of the Code, when a debtor disputes a part of the default amount or such dispute is in respect of only non-financial information, then the information utility shall record the status of authentication as 'authenticated' in respect of the undisputed default amount." (iii) in sub-regulation (4), (a) the words "of the relevant colour, as indicated in column (4) of the Tables 1 or 2, as the case may be," shall be omitted. (b) for the words "a record of default in Form D of the Schedule", the words "a record of default or information of dispute in such format as notified by the Board through circular, as indicated in column (4) of the Table, above," shall be substituted. 8. In the principal regulations, in regulation 21A, (i) in the heading, for the words "a record of default", the words “a record of default or information of dispute" shall be substituted. (ii) in sub-regulation (1), for the words "Form D of the Schedule", the words "such format as notified by the Board through circular" shall be substituted. (iii) in sub-regulation (3), (a) for the words "banks included in the second schedule of the Reserve Bank of India Act, 1934", the words "financial institutions as defined in clause (14) of section 3 of the Code" shall be substituted; (b) for the words "a record of default with the status of authentication as 'disputed", the words "information of dispute" shall be substituted; 9. In the principal regulations, in regulation 27, in sub-regulation (1) for the words "Form C of the Schedule”, the words "such format as notified by the Board through circular" shall be substituted. 10. In the principal regulations, “SCHEDULE" after regulation 42 shall be omitted. RAVI MITAL, Chairperson [ADVT.-III/4/Exty./135/2026-27] Note: The Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 were published vide notification No. IBBI/2016-17/GN/REG009 dated 31st March, 2017 in the Gazette of India, Extraordinary, Part III, Section 4, No. 129 on 31st March, 2017 and were last amended by the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2024 published vide notification No. IBBI/2024- 25/GN/REG114, dated the 13th August, 2024 in the Gazette of India, Extraordinary, Part III, Section 4, No. 616 on 13th August, 2024. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.