Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2025.

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....cess) (Amendment) Regulations, 2025. F. No. IBBI/2024-25/GN/REG120.-In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations to further amend the Insolvency and Bankruptcy Board of India (Voluntary Liquidat....

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.... after regulation 41, the following regulation shall be inserted, namely: - "41A. Filing of Forms. (1) The liquidator shall file the Forms, along with the enclosures thereto, on an electronic platform of the Board, as per the timelines stipulated against each Form, in the table below: - TABLE Form No. Period Covered and Scope Timeline VL 1 This includes detai....

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.... application for the voluntary liquidation process, to the Adjudicating Authority. VL 4 Details of order for dissolution: This includes details of the distribution of proceeds, receipts and payments, etc. On or before the 14th day of passing of the order for dissolution of the corporate person, or withdrawal / suspension of the voluntary liquidation process. (2) The liquidat....

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....he Form." 5. In the principal regulations, in Schedule I, in Form G, for table B, the following table shall be substituted, namely:- "B. Details of Stakeholders entitled to Unclaimed Dividends or Undistributed Proceeds Sl. No. Name of stakeholder entitled to receive unclaimed dividends or undistributed proceeds Address, phone number and email ....