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of <h1>Insolvency Board mandates eBKray platform for liquidations from April 2025 to boost transparency and efficiency.</h1> The Insolvency and Bankruptcy Board of India mandates the exclusive use of the eBKray auction platform for liquidation processes starting April 1, 2025. All registered insolvency professionals and entities must list unsold assets from ongoing liquidation cases on this platform by March 31, 2025. This directive aims to enhance transparency and streamline liquidation processes. The platform, currently in pilot mode, has already listed 210 assets and conducted 25 auctions. The circular is issued under the authority of section 196 of the Insolvency and Bankruptcy Code, 2016.
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