The Insolvency and Bankruptcy Board of India (IBBI) on July 09, 2026, notified regarding the extension of time for filing Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors.
The following has been stated:
• It has extended the deadline for submission of PGIRP-1 to PGIRP-6 electronic forms relating to insolvency resolution processes for personal guarantors to corporate debtors, originally introduced through Circular No. IBBI/II/92/2026 dated March 06, 2026. Based on representations from Insolvency Professionals (IPs) and Insolvency Professional Agencies (IPAs) regarding technical and transition-related challenges, the Board has extended the last date for filing all applicable PGIRP forms from June 30, 2026, to September 30, 2026.
• Consequently, penalties for delayed submission or modification of these forms will also be applicable only after September 30, 2026. The circular further directs IPs to ensure that all information submitted is accurate, complete, and consistent with supporting documents, and has been issued under Section 196(1) (aa) of the Insolvency and Bankruptcy Code, 2016.
[Notification no. - IBBI/II/104/2026]
