Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 Chapter VII PROCEEDS OF LIQUIDATION AND DISTRIBUTION OF PROCEEDS
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Filing obligations for liquidators require timely electronic submission of prescribed forms and permit regulatory action for non-compliance. Liquidators must electronically file prescribed forms reporting the voluntary liquidation process, distribution of proceeds, meetings of contributories, replacement of liquidator, dissolution and related matters within specified timelines; filings must be accurate and complete. Late submission incurs a per form monthly fee as notified by the Board. The Board may take action under the Code or regulations, including refusal to issue or renew Authorisation for Assignment, for failure to file required forms, for inaccurate or incomplete filings, or for delayed filing.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Filing obligations for liquidators require timely electronic submission of prescribed forms and permit regulatory action for non-compliance.
Liquidators must electronically file prescribed forms reporting the voluntary liquidation process, distribution of proceeds, meetings of contributories, replacement of liquidator, dissolution and related matters within specified timelines; filings must be accurate and complete. Late submission incurs a per form monthly fee as notified by the Board. The Board may take action under the Code or regulations, including refusal to issue or renew Authorisation for Assignment, for failure to file required forms, for inaccurate or incomplete filings, or for delayed filing.
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