Preservation of records requires insolvency professionals to retain and produce electronic and physical records under prescribed retention periods. Interim resolution professionals and resolution professionals must preserve copies of records constituting a complete account of the corporate insolvency resolution process-covering appointment, handover/takeover, admission, announcements, committee constitution and meetings, claims and verification, engagement and outputs of professionals and valuers, information memorandum, filings and orders, resolution plan processes, statutory filings, correspondence, costs, and transactions implicating preference, undervaluation, extortionate credit or fraudulent/wrongful trading-and retain electronic records for at least eight years and physical records for at least three years from the later of process completion or conclusion of related proceedings, stored securely and producible as required.