These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2024. They shall come into force on the date of publication in the Official Gazette. In the Insolvency and Bankruptcy Board of India (Insolvency Professionals)…
To streamline the voluntary liquidation process and facilitate the distribution of unclaimed proceeds to the stakeholders before the dissolution of the corporate person, the amendments in the Voluntary Liquidation Regulations make the following key modifications: a) The directors of the corporate…
