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    <title>RECENT AMENDMENTS TO IBC REGULATIONS – PART IV</title>
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    <description>Amendments to the liquidation regulations remove references to the Consultation Committee and related stakeholder consultation procedures, while revising record-keeping, valuation, asset realisation, distribution, and auction-related provisions. The changes omit several consultation-linked requirements, including sharing of valuation reports, explanations of valuation methodology, reserve price reduction on failed auctions, and presentation of auction results to the consultation committee. The amendment also omits Schedule II and adjusts various provisions on preservation of reports, minutes, registers, and liquidation records.</description>
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