Cases admitted with NCLT/NCLAT under the IBC, 2016 shall also be reported in Uniform Credit Reporting Format: RBI
DATA FORMAT FOR FURNISHING OF CREDIT INFORMATION TO CREDIT INFORMATION COMPANIES AND OTHER REGULATORY MEASURES
CIRCULAR NO. DOR.FIN.REC.90/20.16.056/2022-23, DATED 13-12-2022
Please refer to the Circular DBOD.No.CID.BC.127/20.16.056/2013-14, dated June 27, 2014, inter alia setting out a Uniform Credit Reporting Format for reporting credit information to the Credit Information Companies (CICs).
It is clarified that cases admitted with National Company Law Tribunal (NCLT)/National Company Law Appellate Tribunal (NCLAT) under the Insolvency and Bankruptcy Code, 2016 are also required to be reported under the suit-filed cases in reporting to the CICs.
Credit Institutions (CIs) shall ensure implementation of this circular latest by February 28, 2023.
(J.P. Sharma)
Chief General Manager
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