TaxTMI 
TaxTMI 
Formats under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
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....tion Description Form 1. Regulation 8B Written Consent to Act as Liquidator Form AA 2. Regulation 12 Public Announcement Form B 3. Regulation 15 Progress Report Form C 4. Regulation 17 Proof of Claim by Operational Creditors except Workmen and Employees Corresponding claim forms notified under the CIRP Regulations will be applicable* 5. Regulation 18 Proof of Claim by Financial Creditors 6. Regulation 19 Proof of Claim by a Workman or Employee 7. Regulation 19 Proof of Claim by Authorised Representative of Workmen or Employees 8. Regulation 20 Proof of Claim by any Other Stakeholder 9. Regulation 21A Intimation of decision on security interest Form G 10. Regulation 45 Compliance Certificate Form H 11. Regulation 46(5) Deposit of unclaimed dividends and / or undistributed proceeds Form I 12. Regulation 46(7), (7D) Withdrawal from Corporate Liquidation Account Form J * Stakeholders may use the corresponding claim forms notified under the CIRP Regulations for filing claims in liquidation. The references in the forms to IRP/RP may be understood as....
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....d Representative 6 Any other (Please state) Date: Place: (Signature of the insolvency professional) Registration No. ....... ] ***** FORM B PUBLIC ANNOUNCEMENT (Regulation 12 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016) FOR THE ATTENTION OF THE STAKEHOLDERS OF [Name of Corporate Debtor] Sl. No. PARTICULARS DETAILS (1) (2) (3) 1. Name of the corporate debtor 2. Date of incorporation of corporate debtor 3. Authority under which corporate debtor is incorporated / registered 4. Corporate Identity No. / Limited Liability Identification No. of corporate debtor 5. Address of the registered office and principal office (if any) of corporate debtor 6. Date of closure of Insolvency Resolution Process 7. Liquidation commencement date of corporate debtor 8. Name and registration number of the insolvency professional acting as liquidator 9. Address and e-mail of the liquidator, as registered with the Board 10. Address and e-mail to be ....
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....w Last status of the case. Next date of hearing 1 2 E. Filing and development of Preferential, Undervalued, Fraudulent & Extortionate (PUFE) transaction cases during the quarter (Regulation 15(2)(e)) S. No. Case No. Provisions (Sec.43, 45, 49, 50 & 66) Amount involved Last status of the case Next date of hearing 1 2 F. Changes if any in estimated liquidation cost during the quarter (Regulation 15(2)(f)) S. No. Particular of the process Old estimate Revised estimate 1 2 G. Liquidation account status. Data of respective quarter (Regulation 15(3)(a)) Particulars of receipts & payments during current quarter i.e. .... to .... Mention Opening Balance if any________ I Particulars of Receipt Amount in INR 1 2 3 Total ***** &....
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.... C. Decision (Strike out whichever is not applicable) I hereby elect to relinquish the security interest to the liquidation estate under section 52(1)(a) of the Code / realise the security interest under section 52(1)(b) of the Code. Enclosures: Security creation document CERSAI / ROC Charge ID / any other identification document, if any Board resolution / authorisation Other (specify):_________ Name & Designation:_______________ For and on behalf of:______________ Signature:____________________ Date:_______________ Place:_______________ ***** FORM H COMPLIANCE CERTIFICATE [Under Regulation 45 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016] I, [Name of the Liquidator], an insolvency professional enrolled with [name of insolvency professional agency] and registered with the Board with registration number [registration number], am the Liquidator for the Liquidation Process of [name of the corporate debtor (CD)]. 2. The details of the Liquidation Process are as under: Sl. No. Particulars Description (1) (2) (3) 1. Name of the corporate deb....
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....or of Factory e) GST/VAT f) Others 34. Date of deposit of unclaimed dividends or undistributed proceeds and income and interest thereon, if any, under sub-regulations (2), (3) or (4) of regulation 46 35. Amount deposited into Corporate Liquidation Account: (a) Amount of unclaimed dividends (b) Amount of undistributed proceeds (c) Income referred to in sub-regulation (2) and (3) of regulation 46 (d) Interest referred to in sub-regulation (4) of regulation 46 Total 36. Date of submission to the Board and the Authority under sub- regulation (5) of regulation 46 37. Date of Final Report to AA (prior to dissolution application) 3. The details of the assets as per Asset Memorandum and Final Sale Report are as under: Sl. No. Assets Mode of Sale Estimated Liquidation Value Realisation Amount (Rs.) Date of Transfer to Liquidation Account (1) (2) (3) (4) (5) (6) &n....
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....n Cost (Rs.) iii. the excess of the realised value of the asset (Rs.) 6. Realised value received by secured creditor (Rs.) 7. Date of realisation by secured creditor 4B. Details of assignment of not readily realisable assets: Sl. No. Particulars Details 1. Details of the assets 2. Liquidation value of the assets (Rs.) 3. Amount realised (Rs.) 4. Name of the bidder 5. Sharing of proceeds between bidder and creditors/ corporate debtor, if any 6. Schedule of realisation by bidder 5. The Liquidation Process has been conducted as per the timeline indicated in regulation 47 as under: Section of the Code / Regulation No. Description of Task Timeline as per regulation 47 Actual Timeline (1) (2) (3) (4) Section 33 Commencement of LCD and Appointment of Liquidator T T 6. The following are deviations /non-compliances with the provisions of the Insolvency and Bankruptcy Code, 2016, regulations made, or circulars i....
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.....) 7 Bank Account from which the amount is transferred to Corporate Liquidation Account (a) Account No: (b) Name of Bank: (c) IFSC: (d) MICR: (e) Address of Branch of the Bank: 8 Details of the Amount (Rs.) deposited into Corporate Liquidation Account (a) Unclaimed dividends (b) Undistributed proceeds (c) Income earned till the due date of deposit (d) Interest at the rate of twelve per cent on the amount retained beyond due date (Please show computation of interest amount) Total B. Details of Stakeholders entitled to Unclaimed Dividends or Undistributed Proceeds Sl. No. Name of stakeholder entitled to receive unclaimed dividend or undistributed proceeds Address, phone number and email address of the stakeholder Identification Number of the stakeholder (PAN, CIN, etc.) (Please Attach Identification proof.) Amount due to the stakeholder (Rs.) Nature of Amount due Applicable section of the Income Tax Act, 1961 or any other law under which tax is to be deducted Amount of tax to be deducted (Rs.) Reason for unclaimed dividends or und....