Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2021 - F. No. IBBI/2020-21/GN/REG069 - Insolvency and Bankruptcy
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Liquidator filing obligation: stakeholder list must be filed within prescribed period and published on the Board's electronic platform. The amendment substitutes regulation 31(2) to require the liquidator to file the list of stakeholders with the Adjudicating Authority within a prescribed period from the last date for receipt of claims. It also inserts a provision in regulation 31(5) mandating that specified materials be filed on the Board's electronic platform for dissemination on its website, applying to liquidation processes ongoing and commencing on or after these Amendment Regulations' commencement.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liquidator filing obligation: stakeholder list must be filed within prescribed period and published on the Board's electronic platform.
The amendment substitutes regulation 31(2) to require the liquidator to file the list of stakeholders with the Adjudicating Authority within a prescribed period from the last date for receipt of claims. It also inserts a provision in regulation 31(5) mandating that specified materials be filed on the Board's electronic platform for dissemination on its website, applying to liquidation processes ongoing and commencing on or after these Amendment Regulations' commencement.
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