https://www.taxtmi.com/article/detailed?id=16719 The amendments to the Liquidation Process Regulations revise forms, definitions, reporting duties, claims handling, valuation, sale mechanisms, distribution, and completion timelines. They continue the committee of creditors during liquidation, require committee approval for major liquidation actions, and introduce revised approval thresholds for sale, avoidance transaction handling, and assignment of not readily realisable assets. The amendments also shorten key procedural periods for reports, claims, stakeholder lists, asset memoranda, distribution, and liquidation completion, while aligning the schedule-based auction provisions and final report requirements with the new committee-driven framework. en-us Mon, 22 Jun 2026 08:39:51 +0530 Mon, 22 Jun 2026 08:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16719 The amendments to the Liquidation Process Regulations revise forms, definitions, reporting duties, claims handling, valuation, sale mechanisms, distribution, and completion timelines. They continue the committee of creditors during liquidation, require committee approval for major liquidation actions, and introduce revised approval thresholds for sale, avoidance transaction handling, and assignment of not readily realisable assets. The amendments also shorten key procedural periods for reports, claims, stakeholder lists, asset memoranda, distribution, and liquidation completion, while aligning the schedule-based auction provisions and final report requirements with the new committee-driven framework. Articles Corporate Laws / IBC / SEBI Mon, 22 Jun 2026 08:39:51 +0530 https://www.taxtmi.com/article/detailed?id=16719