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of <h1>India Updates Liquidation Process: Liquidators Must File Stakeholder List with Authority and Online Within 45 Days.</h1> The Insolvency and Bankruptcy Board of India has amended the Liquidation Process Regulations, 2016, effective from their publication date in the Official Gazette. The amendments require liquidators to file the list of stakeholders with the Adjudicating Authority within 45 days from the last date for receipt of claims. Additionally, the list must be filed on the Board's electronic platform for dissemination on its website. This new requirement applies to all ongoing and new liquidation processes from the commencement date of the amendment regulations.
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