Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures
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).
2. 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.
3. Credit Institutions (CIs) shall ensure implementation of this circular latest by February 28, 2023.
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