Acronyms

Defined Terms in this website as under:

Terms Defined
AA Adjudicating Authority
AAA Rules Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016
AR Authorized Representative
ARCs Asset Reconstruction Companies
BIFR Board of Industrial & Financial Reconstruction
Board Insolvency and Bankruptcy Board of India
BR Act Banking Regulation Act, 1949
CA 1956 Companies Act, 1956
CA 2013 Companies Act, 2013
CCI Competition Commission of India
CD Corporate Debtor
CEO Chief Executive Officer
CIRP Corporate Insolvency Resolution Process
CIRP Regulations Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
CoC Committee of Creditors
Code Insolvency and Bankruptcy Code, 2016
Deposit Rules Companies (Acceptance of Deposit) Rules, 2014
DRAT Debt Recovery Appellate Tribunal
DRT Debt Recovery Tribunal
EOI Expression of Interest
FC Financial Creditor
F-CIRP Fast Track Corporate Insolvency Resolution Process
F-CIRP Regulations Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
IBBI Insolvency and Bankruptcy Board of India
IBC Insolvency and Bankruptcy Code, 2016
IBC Laws http://www.ibclaw.in
ICD Insolvency Commencement Date
IM Information Memorandum
IP Insolvency Professional
IP Regulations Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016
IPA Insolvency Professional Agency
IPE Insolvency Professional Entity
IRP Interim Resolution Professional
IRP costs Insolvency Resolution Process Costs
IU Information Utilities
JLF Joint Lender’s Forum
LCD Liquidation Commencement Date
Limitation Act Limitation Act, 1963
Liquidation Regulations Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
LLP Limited Liability Partnership
LLP Act Limited Liability Partnership Act, 2008
LLP Rules LLP (Winding-Up and Dissolution) Rules, 2012
MCA Ministry of Corporate Affairs, Government of India
MCGM Municipal Corporation of Greater Mumbai
MRUA Maharashtra Relief Undertaking (Special Provisions) Act
MSMEs Micro, Small, And Medium Enterprises
NCLAT National Company Law Appellate Tribunal
NCLT National Company Law Tribunal
NPA Non-Performing Asset
OC Operational Creditor
PRA Prospective Resolution Applicant
RBI Reserve Bank of India
RDDBFI Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act, 1993)
RFRP Request for Resolution Plans
RP Resolution Professional
Rs. Rupees
SARFAESI Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
SCC Stakeholder Consultation Committee
SEBI Securities and Exchange Board of India

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