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of <h1>Regulation 46(7) Form Enables Fund Withdrawal from Corporate Liquidation Account with Strict Verification and Legal Safeguards</h1> This form, under Regulation 46(7) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, facilitates the withdrawal of funds from a Corporate Liquidation Account. It requires details such as the corporate debtor's identification, liquidation dates, and stakeholder information, including identification numbers and contact details. Stakeholders must specify the claim amount, unclaimed dividends, and the bank account for fund transfer. They must declare their entitlement to the sum, agree to refund if found ineligible, and authorize legal action for false claims. Verification by the stakeholder or authorized entity representative is mandatory.
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