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    <title>Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2025.</title>
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    <description>The amendment requires the Board to maintain a Corporate Voluntary Liquidation Account with a scheduled bank, omits regulation 33, and inserts Regulation 41A imposing electronic filing obligations for Forms VL1-VL4 with event-linked timelines. Liquidators must ensure filings are accurate and complete; late submissions incur a fee per Form per month. The Board may take actions for failures, inaccuracies, or delays including refusal to issue or renew Authorisation for Assignment. Schedule I Form G is revised to require detailed stakeholder identification, amounts due, tax applicability and deduction details for unclaimed dividends or undistributed proceeds.</description>
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