IBBI circular IBBI/LIQ/76/2024 · 09 Oct 2024
Official title
Extension of time for filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Official record
Open source pageSummary
The Insolvency and Bankruptcy Board of India has extended the deadline for liquidators to file forms related to the liquidation process. This decision follows representations from liquidators and Insolvency Professional Agencies regarding technical difficulties encountered during the submission process. The deadline for submitting these forms is now extended to 30 November 2024. This directive is issued under the powers granted by section 196(1) of the Insolvency and Bankruptcy Code, 2016.
What you must do
Key dates
Who is affected
Insolvency and Bankruptcy Board of India
7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001
CIRCULAR
No. IBBI/LIQ/76/2024
09th October 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,
Subject: Extension of time for filing Forms to monitor liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Vide Circular No. IBBI/LIQ/73/2024 dated 28.06.2024 the liquidators were directed to file forms relating to the liquidation process latest by 30.09.2024.
In this regard, representations have been received from the liquidators and Insolvency Professional Agencies for extending the date citing the technicalities and issues involved in the submission of the forms.
Considering the above-mentioned representations and difficulties faced by the liquidator, it has been decided to extend the last date of submission of the forms till 30.11.2024.
This is issued in exercise of the powers under sub-section (1) of section 196 of the Insolvency and Bankruptcy Code, 2016.
Yours faithfully,
Sd/- (Om Prakash) Manager
