Filing Your Claim as a Creditor in a Company's CIRP: Forms and Deadlines

By S&S Co. Advocates & Solicitors · Published 24 September 2026 · Informational content, not legal advice — see our disclaimer

Which Form Applies to Your Claim

The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 prescribe different claim forms depending on the category of creditor: Form C for financial creditors, and Form B for operational creditors other than workmen or employees, with further separate forms — including Forms CA, D, E and F — for other categories such as workmen, employees, and creditors forming part of a class. Using the wrong form for your creditor category can complicate, or in some cases delay, the verification of an otherwise valid claim.

The Filing Deadline — and What Happens if You Miss It

Under Regulation 12(1), a creditor must submit its claim, together with supporting proof, to the Interim Resolution Professional on or before the last date specified in the public announcement of the CIRP — ordinarily the fourteenth day from the IRP's appointment. Missing that initial window is not automatically fatal, however: the first proviso to Regulation 12(1) allows a late claim to be filed up to the date the Resolution Professional issues the Form G invitation for resolution plans, or ninety days from the insolvency commencement date, whichever is later.

A creditor should not treat this later window as a reason to delay — filing as soon as the CIRP becomes known remains the safer course, since a late claim always carries some incremental risk around how it will be treated relative to claims already factored into the resolution process.

How the Resolution Professional Verifies Claims

Once a claim is received, Regulation 13(1) requires the Resolution Professional to verify it within seven days of the last date for receipt of claims, after which the claim is admitted, rejected, or the creditor is asked for further information or clarification. A creditor should be prepared to respond promptly to any such request, since delay in providing supporting material can itself put a claim's timely admission at risk.

Getting the Filing Right the First Time

A practical checklist for the filing itself: the correct claim form for your creditor category, documentary proof of the debt (invoices, loan or facility agreements, account statements, or a decree or arbitral award where the debt has already been adjudicated), and, where relevant, evidence of any security interest held over the debtor's assets. Claims filed on the wrong form, without adequate supporting evidence, or after the applicable deadline face a real risk of rejection or only partial admission. Because a creditor is not guaranteed to receive a personal notice of every CIRP against its debtor, it is worth proactively monitoring public announcements and IBBI/NCLT records once there is any indication that a debtor may be in financial distress, rather than waiting to be individually informed.

Frequently Asked Questions

References & Further Reading

This article references the following statutory provisions. Readers should always verify current rules, fees and timelines against the applicable statute and rules as amended, since these are revised from time to time.

1. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, Regulations 12 and 13.
2. Insolvency and Bankruptcy Code, 2016, for the underlying CIRP framework.