<h1>India's Insolvency Board Cuts Voluntary Liquidation Timeline for Solvent Companies to 270 Days with New Amendments.</h1> The Insolvency and Bankruptcy Board of India has amended the Voluntary Liquidation Process Regulations, 2017 to expedite the voluntary liquidation of solvent corporate entities. The amendments, effective from April 5, 2022, reduce the timeline for preparing the list of stakeholders to fifteen days and for distributing proceeds to thirty days. The overall liquidation process should now be completed within 270 days if creditors approve the resolution, or 90 days otherwise, compared to the previous 12-month period. A compliance certificate must also be submitted to the Adjudicating Authority to facilitate quicker dissolution applications.