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of <h1>Insolvency Board must submit audited annual accounts to Government within three months post-financial year under 2018 Rules.</h1> The Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018, mandates the Board to prepare its annual statement of accounts and balance sheet using specified forms and schedules. These documents must be authenticated by key Board members and submitted to the Comptroller and Auditor General of India for audit within three months after the financial year ends. Once audited and certified, the documents, along with the audit report, must be forwarded by the Chairperson to the Central Government for presentation before both Houses of Parliament.
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