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of <h1>IBBI Launches E-Forms for Insolvency Professionals to Streamline Liquidation Process Under Insolvency and Bankruptcy Code, 2016.</h1> The Insolvency and Bankruptcy Board of India (IBBI) has introduced electronic forms to streamline the liquidation process under the Insolvency and Bankruptcy Code, 2016. These forms, designed for Insolvency Professionals (IPs), aim to enhance efficiency and accuracy in reporting to the Adjudicating Authority (AA) and IBBI. The forms cover various stages of liquidation, from commencement to dissolution, and must be submitted within specified timelines. IPs are responsible for timely and accurate submissions. Non-compliance may lead to penalties. The forms are accessible on the IBBI website, requiring a unique login for submission.
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