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<h1>New Amendments to IBBI Liquidation Regulations Clarify Applicability for Processes Before and After 2019 Changes.</h1> The Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022, effective from April 28, 2022, amend the 2016 regulations under the Insolvency and Bankruptcy Code. The amendments clarify that certain regulatory requirements apply to liquidation processes starting on or after the 2019 amendment commencement date. Additionally, for processes initiated before the 2019 amendment, the pre-existing regulations remain applicable. These changes are intended to provide clarity on the applicability of regulations across different liquidation timelines.