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Home Acts & Rules Insolvency and Bankruptcy Regulation Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 Chapters List Chapter VII PROCEEDS OF LIQUIDATION AND DISTRIBUTION OF PROCEED S This

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Regulation 45A - Preservation of records. - Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

Extract

..... announcement; e) the constitution of consultation committee and minutes of consultation committee meetings during liquidation process; f) claims, verification of claims, and list of stakeholders; g) details of relinquishment or otherwise by secured creditors in liquidation process; h) engagement of professionals, registered valuers, etc. including work done, reports etc., submitted by them; i) Invitation, consideration and approval of plans / proposals / scheme received, in case of going concern .....

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Regulation 45A - Preservation of records. - Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

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..... ords for a minimum period of three years; from the date of dissolution of the corporate debtor or closure of the liquidation process or the conclusion of any proceeding relating to the liquidation process, before the Board, the Adjudicating Authority, Appellate Authority or any Court, whichever is later. (4) In case of replacement of liquidator, the outgoing liquidator shall handover the records under sub-regulation (1) and (2) to the new liquidator and be responsible for preserving the records .....

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Regulation 45A - Preservation of records. - Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

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  1. IBBI/2022-23/GN/REG094 - Dated: 16-9-2022 - Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2022