Regulation 37

Debt counselling in relation to bankruptcy process may be provided to a bankrupt by such person as may be recognised by the Board or the Central Government, as the case may be. 12 [***] 12 Omitted by Notification No. IBBI/2026-27/GN/REG150, dated 01st June, 2026 (w.e.f. 02-06-2026). Prior to omission, stood as under:- “FORM A WRITTEN CONSENT TO ACT AS BANKRUPTCY TRUSTEE (Under regulation 3(3) of the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019) [Date] To The Adjudicating Authority [Name of Bench]

From [Name of the Insolvency Professional] [Registration number of the Insolvency Professional] [Address of the Insolvency Professional registered with the Board] Subject: Written consent to act as bankruptcy trustee. 1. I, [name], an insolvency professional enrolled with [name of insolvency professional agency] and registered with the Board, note that I have been proposed to be appointed as bankruptcy trustee for the bankruptcy process of [name of the bankrupt]. 2. In accordance with regulation 3(3) of the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, I hereby give consent to the proposed appointment. 3. I declare and affirm as under: - (a) I am registered with the Board as an insolvency professional. (b) I am not subject to any disciplinary proceedings initiated by the Board or the Insolvency Professional Agency. (c) I do not suffer from any disability to act as a bankruptcy trustee. (d) I am eligible to be appointed as bankruptcy trustee of the bankrupt under regulation 3 of the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 and other applicable provisions of the Code and regulations. (e) I shall make the disclosures in accordance with the code of conduct for insolvency professionals as set out in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016; (f) I have the following processes in hand: Sl. No. Role as No. of processes on the date of consent 1 Interim Resolution Professional 2 Resolution Professional of: a. Corporate debtors b.Personal guarantors or individuals or partnership firms 3 Liquidator of: a. Liquidation Process b. Voluntary Liquidation Process 4 Bankruptcy Trustee 5 Authorised Representative 6 Any other (please state) Date: Place: (Signature of Insolvency Professional) Registration No.…..