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Liquidation Process Regulations now permit a liquidator to...
Stakeholder-list modification permits liquidators to update entries on new information, subject to notifying the Adjudicating Authority within prescribed time.
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Liquidation Process Regulations now permit a liquidator to modify an entry in the list of stakeholders when additional information warrants modification. The liquidator must intimate the Adjudicating Authority within thirty days after modifying the entry. The amendment takes effect on its publication in the Official Gazette, replacing the previous provisions governing modification of the stakeholder list.
Liquidation Process Regulations now permit a liquidator to modify an entry in the list of stakeholders when additional information warrants modification. The liquidator must intimate the Adjudicating Authority within thirty days after modifying the entry. The amendment takes effect on its publication in the Official Gazette, replacing the previous provisions governing modification of the stakeholder list.
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