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

27. Duties of the user.

(1)Substituted vide Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 dated 13.04.2021. To view the Notification, Click Here A user, who has submitted information in Form C of the ScheduleForm C of Schedule of Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 amended w.e.f. 13.04.2021. To view the Schedule, Click Here such format as notified by the Board through circularSubstituted vide Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2026 dated 01.06.2026. To view the notification, Click Here to an information utility, shall submit the information updated as on the last day of every month, in the first week of following month:

Provided that information of default shall be updated within seven days of occurrence of default.

(1) A user shall expeditiously update the information submitted by it to an information utility.

(2) A user shall expeditiously correct information as soon as it finds it erroneous, stating the reasons, if any