Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in accordance with regulation 39 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.

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....i-110001 CIRCULAR No. IBBI/LIQ/68/2024 13th February, 2024 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on the website of the IBBI) Dear Madam/Sir, Sub: Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in....

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.... any amount deposited into the Corporate Voluntary Liquidation Account for withdrawal before the dissolution of the corporate person, the liquidator shall apply to the Board in the form as per Annexure, for the release of the amount for onward distribution to the stakeholders. 3. This is issued in exercise of the powers conferred under section 196 of the Insolvency and Bankruptcy Code, 2016. ....

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....iquidation Account   7 Amount (Rs.) being requested for withdrawal   8 Name of the stakeholder to whom the amount proposed to be distributed   9 S.No. at which name of stakeholders appeared in the list submitted to the Board   10 Reason for earlier non-distribution of such an amount   11 Justification for the present request ....