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of <h1>New Regulations Outline Liquidation Process Under Insolvency and Bankruptcy Code, 2016: Key Procedures and Requirements Explained</h1> The Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, established under the authority of the Insolvency and Bankruptcy Code, 2016, outline the procedures for the liquidation process. These regulations, effective from their publication date in the Official Gazette, apply specifically to the liquidation process as described in Chapter III of Part II of the Insolvency and Bankruptcy Code.
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