Submission of Claims Under IBC A Comprehensive Guide
                     Submission of Claims Under IBC: 
A Comprehensive Guide
Introduction
• The Insolvency and Bankruptcy Code (IBC) of India is a 
legislation that provides a streamlined process for dealing 
with insolvency resolutions. 
• One important aspect of insolvency is the 
submission of claims under IBC by creditors. 
How to File a Claim with IBC: A 
Comprehensive Guide
Identify the Debtor's Insolvency
• Confirm the debtor is undergoing the insolvency resolution, 
liquidation, or personal insolvency process as per IBC. 
• The IBC provides for insolvency proceedings against a personal 
guarantor under IBC in the same manner as corporate debtors. 
• This usually occurs when the debtor fails to make payments to 
creditors
Submission of Claims Under IBC: A Comprehensive 
Guide
Seek Legal Expertise
• Consult a legal expert or insolvency professional 
for advice on legal and procedural requirements 
Submission of Claims Under IBC: A Comprehensive 
Guide
Complete Claim Form
• Obtain and fill out the claim form provided by 
the Insolvency and Bankruptcy Board of India 
(IBBI). 
Submission of Claims Under IBC: A Comprehensive 
Guide
Gather Supporting Documents
• Collect all necessary documents, such as invoices, 
contracts, or agreements that validate your claim. 
Submission of Claims Under IBC: A Comprehensive 
Guide
Verify Information and Documents
• Review and verify the information provided in the 
claim form to ensure its accuracy and completeness. 
Submission of Claims Under IBC: A Comprehensive 
Guide
Submit Your Claim
• Submit the completed claim form and supporting 
documents to the IRP/RP/Liquidator handling the case. 
Submission of Claims Under IBC: A Comprehensive 
Guide
Receive Acknowledgment
• Upon submission, the IRP/RP/Liquidator should 
provide you with an acknowledgment of your claim.
• This serves as proof that your claim has been received.
Submission of Claims Under IBC: A Comprehensive 
Guide
Thank You