How to File RTI with IBBI for Insolvency Proceedings, Resolution Plan and IRP/RP Status
Step-by-step guide to file an RTI with the Insolvency and Bankruptcy Board of India (IBBI) for the status of Corporate Insolvency Resolution Process (CIRP) proceedings, details of the approved resolution plan, action taken against Insolvency Professionals (IPs), IBBI regulatory framework and time limits, and Personal Insolvency / Bankruptcy proceedings. Includes a ready-to-use sample RTI draft.
The Insolvency and Bankruptcy Board of India (IBBI) is a statutory body established under the Insolvency and Bankruptcy Code, 2016 (IBC), under the Ministry of Corporate Affairs. IBBI regulates insolvency professionals, insolvency professional agencies, insolvency professional entities, and information utilities. It also monitors compliance with the IBC and its Regulations. IBBI is a public authority under Section 2(h) of the RTI Act, 2005.
RTI to IBBI is most useful for creditors, homebuyers, employees, and other stakeholders in ongoing insolvency proceedings who need to understand the regulatory framework, track timeline compliance, or establish grounds for a complaint against an Insolvency Professional.
The Insolvency and Bankruptcy Code: Key Process Overview
Financial/Operational Creditor (or Corporate Debtor) files application
→ NCLT admits application → CIRP commencement date
→ IRP appointed → Public announcement → Claims invited
→ Committee of Creditors (CoC) constituted
→ RP appointed → Information Memorandum prepared
→ Resolution Plans invited → CoC approves plan (minimum 66% vote)
→ NCLT approves resolution plan
OR
→ No plan approved within 180/270 days → Liquidation (Section 33)
IBBI regulates IPs and the framework. NCLT adjudicates the case. RTI to IBBI covers the regulatory side; for court orders, access NCLT's public portal.
What IBBI Can and Cannot Provide Through RTI
IBBI CAN provide:
- The IP's registration status, qualification, and disciplinary history with IBBI
- IBBI Regulations and Circulars governing CIRP, IP duties, creditor claims, and distributions
- Compliance data filed by RPs with IBBI (publicly reported data from CIRP forms)
- Action taken on complaints against IPs — concluded disciplinary proceedings
- Aggregate CIRP statistics for a corporate debtor from publicly filed forms
IBBI MAY WITHHOLD:
- Details of ongoing disciplinary proceedings against an IP — Section 8(1)(h)
- Commercially sensitive contents of resolution plans under negotiation — Section 8(1)(d)
- CoC deliberations and Information Memorandum — typically filed with NCLT, not IBBI
Key IBC Timelines RTI Can Verify
| Stage | Prescribed Timeline |
|---|---|
| CIRP total duration | 180 days (Section 12), extendable to 270 days by NCLT |
| Claims invitation | 14 days from public announcement (Regulation 12) |
| Information Memorandum | Within 2 weeks of RP's appointment (Regulation 36) |
| Resolution plan submission | Before the deadline set by RP (usually within 30 days of IM) |
| NCLT approval of resolution plan | Within 30 days of CoC approval |
If any of these timelines have been exceeded without NCLT extension, RTI establishes the breach.
Where to File
IBBI's office is in New Delhi. File on rtionline.gov.in:
- Select Ministry of Corporate Affairs → Insolvency and Bankruptcy Board of India (IBBI)
- Include the corporate debtor's name, CIN, and the IP's IBBI registration number where applicable
- Pay ₹10 online. BPL cardholders are exempt
- Submit and note your registration number
Also check ibbi.gov.in — IBBI publishes CIRP information, IP disciplinary orders, and all Regulations and Circulars publicly. RTI is most useful for information not yet published or for specific case compliance data.
What Specific Information Can You Ask For?
CIRP status and timeline:
- CIRP commencement date for Corporate Debtor, CIN XXX as per IBBI records, and whether the 180/270-day timeline under Section 12 IBC has been complied with
- Number of timeline extensions obtained from NCLT and reasons on record
Resolution plan and claims: 3. Total claims filed, admitted, and rejected in the CIRP of Corporate Debtor — by creditor category (financial / operational / other) 4. Whether a resolution plan has been approved by the CoC and submitted to NCLT for approval
IP registration and complaints: 5. Current registration status of IP Name, IBBI Reg. No. XXX — active, suspended, or cancelled 6. Whether IBBI has received complaints against IP Name — number, nature of allegations, and action taken/inquiry status
Regulatory framework: 7. Copy of relevant IBBI Regulation governing RP's duties in processing creditor claims and the prescribed timeline 8. IBBI Circular on distribution of proceeds from resolution plans to operational creditors and homebuyers
Appeals
First Appeal (Section 19(1)): File with the FAA at IBBI within 30 days of the date of decision or expiry of the 30-day response period, whichever is applicable.
Second Appeal (Section 19(3)): File with the Central Information Commission (CIC) within 90 days. IBBI is a Central Government statutory body — second appeal is CIC, not any State Information Commission.
Sample RTI Application Draft
Replace all text in [square brackets] with your actual details before filing. Do not include the brackets in your submission.
Frequently Asked Questions
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