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of <h1>IBBI Launches E-Forms to Streamline Voluntary Liquidation Under Insolvency and Bankruptcy Code 2016; Deadline September 30, 2024.</h1> The Insolvency and Bankruptcy Board of India (IBBI) has introduced electronic forms to streamline the voluntary liquidation process under the Insolvency and Bankruptcy Code, 2016. These forms, accessible via the IBBI website, aim to enhance efficiency, accuracy, and transparency in the reporting process for Insolvency Professionals (IPs). The forms cover various stages of the liquidation process, including initial details, meetings, dissolution applications, and order details. IPs are required to submit these forms within specified timelines, with a deadline of September 30, 2024, for ongoing cases. Non-compliance may result in penalties as per the Code.
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