The CIRP guide
Understand the process. Find your next step.
Every company travels the same statutory stages. This is the map — with live counts and a door into each.
Counts read live from the pages they open · methodology · report an error
The pipeline, with live counts
The Code’s position, not a promise — extensions, stays and appeals carry real cases past it.
Three ways into the same record
Find an invitation you can assess.
Start with Open Deals for live Expression of Interest (EoI) invitations, or Auctions for asset-sale notices. Build context from the company’s case record and the professional’s record before any diligence spend.
Understand the borrower’s case, and your next deadline.
Search the company, check its admission and public announcement, then follow the claims information and the captured orders. Read the operative notice itself for the filing requirements that apply to you.
Connect the timeline, the participants and the outcome.
Use the case record to follow appointments and orders, then compare the outcome records. Keep the company, the process round and the measurement basis consistent when you carry a figure across.
Three stages, then the verdict
Admission and claims
The NCLT admits the case, a moratorium freezes recovery action against the company, and an interim resolution professional takes control.
What to read at this stage
The public announcement goes out and creditors file their claims; the true debt picture is still being collated.
The admission order, the public announcement and the appointment record. Use the notice itself for deadlines and contact details — not a summary of it.
The Form G invitation
The resolution professional publishes Form G — the public invitation for resolution applicants — setting the eligibility criteria and the last date for receipt of an expression of interest.
What to read at this stage
This is the formal doorway into a distressed acquisition.
Form G, any corrigendum, the eligibility requirements and the current submission instructions. Check the notice date before relying on older terms.
After the EoI deadline
The invitation window has closed.
What to read at this stage
Plans may be placed before the Committee of Creditors for negotiation and voting, and a plan the committee approves then goes to the tribunal. The quietest stage, and the one nobody else tracks.
The applicant-list and plan dates where they are recorded, the tribunal orders, and the case timeline. A passed EoI deadline on its own does not establish that a plan is under consideration.
The verdict — three ways out