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Tag: Corporate Liquidation Account

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 IBBI Update – Filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
July 3, 2024 IBBI Update 0

IBBI Update – Filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.

Form No Period Covered and Scope Timeline LIQ -1 From Commencement of Liquidation till Public Announcement: This includes details of the Liquidator, Corporate Debtor (CD), and the liquidator’s fee On or before the 10th day of the subsequent month, after…

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 IBBI Update – Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder
July 3, 2024 IBBI Update 0

IBBI Update – Filing Forms to monitor Voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder

Form No Period Covered and Scope Timeline VL 1 This includes details of the Corporate Debtor (CD) and the details of the Voluntary Liquidation Process On or before the 10th day of the second month after the public announcement VL…

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 IBBI Update – Deposit and withdrawal of unclaimed dividends and/or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations).
February 23, 2024 IBBI Update 0

IBBI Update – Deposit and withdrawal of unclaimed dividends and/or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations).

To facilitate the request received from a stakeholder, under sub-regulation (7) of regulation 46, who claims to be entitled to any amount deposited into the Corporate Liquidation Account for withdrawal before the dissolution of the corporate debtor, the liquidator, after due…

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