https://www.taxtmi.com/acts?id=31478 The regulation requires the liquidator to endeavour to complete voluntary liquidation within specified periods depending on creditor approval; if liquidation extends beyond those periods the liquidator must hold contributories meetings at prescribed intervals and present Status Reports detailing stakeholder settlement, assets remaining, distributions, material litigation, avoidance application developments, reasons for delay and additional time required, enclose audited liquidation accounts of receipts and payments, and file the Status Report with the Board within seven days of the meeting. en-us Wed, 03 Jan 2018 16:44:31 +0530 Sat, 03 Feb 2024 12:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31478 The regulation requires the liquidator to endeavour to complete voluntary liquidation within specified periods depending on creditor approval; if liquidation extends beyond those periods the liquidator must hold contributories meetings at prescribed intervals and present Status Reports detailing stakeholder settlement, assets remaining, distributions, material litigation, avoidance application developments, reasons for delay and additional time required, enclose audited liquidation accounts of receipts and payments, and file the Status Report with the Board within seven days of the meeting. Act-Rules IBC Wed, 03 Jan 2018 16:44:31 +0530 https://www.taxtmi.com/acts?id=31478