Applicability: All Listed Companies / Interim Resolution Professionals (IRP)/ Resolution Professionals (RP) (Segment- Equity)

Aim: Strict adherence to filing the disclosures at various stages of Corporate Insolvency Resolution Process (CIRP) in the designated subject through BSE listing centre

Result/Impact: BSE prescribes path of BSE Listing Centre for submission of intimations w.r.t
1. Commencement of CIRP –
Category / Sub-Category: Corporate Insolvency Resolution Process (CIRP) >   Description: Admission of application by Tribunal / Appointment of Interim Resolution Professional (IRP)
 2. Approval of Resolution Plan –
Category / Sub-Category: Corporate Insolvency Resolution Process (CIRP) >   Description: Approval of Resolution plan by Tribunal
 3. Withdrawal of CIRP –
Category / Sub-Category: Corporate Insolvency Resolution Process (CIRP) >   Description: Updates – Corporate Insolvency Resolution Process (CIRP), Approval of Resolution Plan by NCLT and Withdrawal of CIRP by Hon’ble NCLT.
4. All other intimations w.r.t. CIRP (as per the provisions of schedule III Part A of SEBI (LODR) Regulations, 2015) – respective tab under “Corporate Insolvency Resolution Process“through BSE Listing centre only
5.  Resolution   plan/   Restructuring   in   relation   to   loans/borrowings from banks/FIs including Signing of Inter Creditors Agreement (ICA) by lenders–
Category / Sub-Category: Announcement under Regulation 30 (LODR) > Description: General Announcement Type: General_Announcements, Subject: “Announcement related to ICA”

Source: SEBI Notice 20220607-10 dated June 7, 2022

Reference: 1. BSE Circular No. LIST/COMP/29/2019-20 dated September 24, 2019, issued in relation to Disclosure of Default / Inter Creditor Agreement (ICA)
2. BSE Notice No. 20210709-9 dated July 09, 2021, issued in relation to Guidance note for companies undergoing Corporate Insolvency Resolution Process
3. BSE Notice No. 20220520-52 dated May 20, 2022, issued in reference to Surveillance Measures for Securities under IBC/ICA.