Liquidation process forms prescribed for claims, progress reporting, security interest intimation, and compliance filings under liquidation regulations. Formats are specified for use under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, as amended. The circular prescribes the forms to be used for key liquidation steps and filings, including written consent to act as liquidator, public announcement, quarterly progress report, proof of claim forms, intimation of decision on security interest, compliance certificate, deposit of unclaimed dividends or undistributed proceeds, and withdrawal from the Corporate Liquidation Account. Stakeholders may use the corresponding claim forms notified under the CIRP Regulations for filing claims in liquidation.
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Liquidation process forms prescribed for claims, progress reporting, security interest intimation, and compliance filings under liquidation regulations.
Formats are specified for use under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, as amended. The circular prescribes the forms to be used for key liquidation steps and filings, including written consent to act as liquidator, public announcement, quarterly progress report, proof of claim forms, intimation of decision on security interest, compliance certificate, deposit of unclaimed dividends or undistributed proceeds, and withdrawal from the Corporate Liquidation Account. Stakeholders may use the corresponding claim forms notified under the CIRP Regulations for filing claims in liquidation.
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