Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017

Regulation 4. Application for registration or renewal thereof

(1)

A person eligible for registration as an information utility may make an application to the Board in ¹¹[such format as notified by the Board through circular], along with a non-refundable application fee of ¹²[ten lakh] rupees.

(2)

An information utility seeking renewal of registration shall, at least six months before the expiry of its registration, make an application for renewal in ¹³[such 10 Clause (f) omitted by Notification No. IBBI/2017-18/ GN/REG016 dated 29th September, 2017 (w.e.f. 29-09- 2017). Clause (f), prior to omission, stood as “

(f)

not more than 49% of its total voting power or its paid -up equity share capital is held, directly or indirectly, by persons resident outside India;”.

¹¹ Substituted by Notification No. IBBI/2026-27/GN/REG146, dated 01st June, 2026 (w.e.f. 02-06-2026). Before substitution, the words stood as under: - “Form A of the Schedule”.

¹² Substituted by Notification No. No. IBBI/2022-23/GN/REG/098 dated 20th September, 2022 (w.e.f. 20-09-2022). Prior to substitution, it stood as “five lakh”.

¹³ Substituted by Notification No. IBBI/2026-27/GN/REG146, dated 01st June, 2026 (w.e.f. 02-06-2026). Before substitution, the words stood as under: - format as notified by the Board through circular], along with a non-refundable application fee of ¹⁴[ten lakh] rupees. (3) The Board shall acknowledge an application made under this Regulation within seven days of its receipt.

Regulation 4

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Regulations

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