IBBI circular IBBI/LIQ/77/2024 · 09 Oct 2024
Official title
Extension of time for filing Forms to monitor voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Official record
Open source pageSummary
Check the official recordThe Insolvency and Bankruptcy Board of India has extended the deadline for liquidators to file forms related to voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016. This decision follows representations from liquidators and Insolvency Professional Agencies regarding technical difficulties encountered during the submission process. The deadline for the submission of these forms has been extended to 30 November 2024. This directive applies to all registered insolvency professionals, recognized insolvency professional entities, and registered insolvency professional agencies.
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/77/2024
09th October 2024
To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities, and 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 voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Vide Circular No. IBBI/LIQ/74/2024 dated 28.06.2024 the liquidators were directed to file forms relating to the voluntary liquidation 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 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
