IBBI vide Circular No. IBBI/CIRP/41/2021 dated 18th March, 2021 has issued guidelines w.r.t filing of Form CIRP-7.
Regulation 40B of the CIRP regulations require an interim resolution professional (IRP) / resolution professional (RP) to file a set of forms (CIRP 1 to CIRP 6) within seven days of completion of specific activities to enable monitoring progress of CIRP.
This implies that Form (CIRP 1 to CIRP 6) would not be filed until the related activity is not completed for whatever reason. This makes monitoring of progress difficult. Regulation 40B of CIRP regulations require filing of Form CIRP 7 within three days of due date of completion of any activity is delayed, and continue to file Form CIRP 7 every 30 days, until the said activity remains incomplete.
https://ibbi.gov.in//uploads/legalframwork/a763e90e0d3702df78bd15e5947c44fb.pdf