Preparation of list of creditors
Section 132 of the Insolvency and Bankruptcy Code, 2016 deals with preparation of list of creditors. The bankruptcy trustee shall, within fourteen days from the bankruptcy commencement date, prepare a list of creditors of the bankrupt on the basis of— (a) the information disclosed by the bankrupt in the application for bankruptcy filed by the bankrupt under section 118 and the statement of affairs The Act was enacted on 28 May 2016.
The bankruptcy trustee shall, within fourteen days from the bankruptcy commencement date, prepare a list of creditors of the bankrupt on the basis of—
(a) the information disclosed by the bankrupt in the application for bankruptcy filed by the bankrupt under section 118 and the statement of affairs filed under section 125; and
(b) claims received by the bankruptcy trustee under sub-section (2) of section 130.
Section 132, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Judgments citing this section
These may be obiter dicta or a precedent, for you to study. These are the judgments where this section is quoted.
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… Sanjeev Kumar Sharma, Hon'ble Member(T) PRESENT: For the Applicant : Mr. Arjun Padhiyar, Adv. For the Respondent ORDER (Hybrid Mode) IA/353(AHM)2025 This is an application filed by the Applicant for placing on record the List of Creditors dated 20.02.2025 as prepared under Section 132 of the Insolvency and Bankruptcy Code, 2016 in the Bankruptcy Process of Mr. Harjibhai Popatbhai Ghanva PG of M/s. Yogiraj Spinning Limited and Establishment of Committee of Creditors under Regulation 30 of the IBBI (Bankruptcy Process) Regulations, 2019 in the bankruptcy process of Mr. Harjibhai Popatbhai Ghanva PG …
Made under this section, and citing it
1 instrument names this provision in its title or its text without being made under it.
Questions about Section 132
What does Section 132 of the Insolvency and Bankruptcy Code deal with?
Section 132 of the Insolvency and Bankruptcy Code is headed "Preparation of list of creditors". The bankruptcy trustee shall, within fourteen days from the bankruptcy commencement date, prepare a list of creditors of the bankrupt on the basis of— (a) the information disclosed by the bankrupt in the application for bankruptcy filed by the bankrupt under section 118 and the statement of affairs
How do I find court cases under Section 132 of the Insolvency and Bankruptcy Code?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 132, section 132 Insolvency and Bankruptcy Code, section 132 of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 132 of the Insolvency and Bankruptcy Code, and has it changed?
Its own text turns on section 118 (Repayment plan coming to end prematurely), section 125 (Appointment of insolvency professional as bankruptcy trustee), section 130 (Public notice inviting claims from creditors), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it. One instrument names it without being made under it, most recently Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 (2019).
When was Section 132 of the Insolvency and Bankruptcy Code enacted?
Section 132 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 132, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.
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Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 20 Oct 2026. This page is not a substitute for legal advice.