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VOLUNTARY LIQUIDATION PROCESS
Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...17 Apr, 2026, 05.30 AM IST- Inc & Out: How voluntary liquidation has become the new game in townCompany promoters are increasingly choosing voluntary liquidation to close unviable businesses. This structured process offers a clean exit...22 Dec, 2025, 01.31 AM IST
- IBBI extends deadline for filing e-forms detailing liquidation processes till MarchThe Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for insolvency professionals to submit electronic forms for l...09 Jan, 2025, 09.19 PM IST
- Insolvency and Bankruptcy Board of India proposes several changes in latest paperThe Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...20 Nov, 2024, 12.27 AM IST
- IBBI introduces electronic forms for monitoring liquidation processesIBBI introduces electronic forms to streamline liquidation, enhancing compliance. From record-keeping to distribution, the forms cover all ...30 Jun, 2024, 11.38 PM IST
- NCLT sees surge in voluntary liquidation as promoters seeking clean slateVoluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most...30 May, 2024, 03.58 PM IST
- Banks, other financial services providers must seek prior regulatory nod for voluntary liquidation, says IBBIThe directive comes after some financial services providers are observed to have “commenced the voluntary liquidation process without notif...14 Feb, 2024, 12.01 PM IST
- IBBI amends norms related to insolvency resolution process for personal guarantorsIBBI has made amendments to the insolvency resolution process for personal guarantors and voluntary liquidation process. The changes remove...06 Feb, 2024, 06.39 PM IST
- Government says over 1.06 lakh companies voluntarily exited in last five years"From FY 2018-19 to FY 2023-24 (up to 30th September 2023) final reports of 1,168 companies have been submitted by liquidators under sectio...04 Dec, 2023, 06.31 PM IST
- IBBI to tighten voluntary liquidation regulations; liquidators have to explain delayProposing four changes to its regulations on voluntary liquidations, the Insolvency and Bankruptcy Board of India (IBBI) has also asked the...06 Oct, 2023, 11.59 PM IST
- Bankruptcy Board, IBBI, amends regulations to reduce delays in insolvency processThe scope of mandatory consultation by the liquidator with SCC has been enhanced. Now, SCC may even propose replacement of liquidator to th...20 Sep, 2022, 08.20 PM IST
- IBBI plans to reduce timelines under voluntary liquidation process"The proposed amendments by curtailing the unwarranted time spent on various activities aim to ensure early completion of voluntary liquida...02 Feb, 2022, 11.10 PM IST
- IBBI proposes statutory route for withdrawal of voluntary liquidation processLooking to plug the gap in voluntary liquidation regulations that do not provide for a statutory closure of the process, IBBI has put out a...26 Nov, 2020, 07.09 AM IST
- IBBI amends liquidation process regulations; liquidator's fee to 'depend' on the work doneWhen a company goes into liquidation under the Insolvency and Bankruptcy Code (IBC), generally, the committee of creditors (CoC) appoints a...06 Aug, 2020, 03.38 PM IST
- IBBI amends voluntary liquidation process regulationsWith the amendments, a liquidator has to deposit unclaimed dividends and undistributed proceeds in a liquidation process along with any inc...16 Jan, 2020, 08.12 PM IST
- Bharat Forge, NTPC JV initiates liquidation under IBCBF-NTPC was incorporated on June 19, 2008 with an aim of taking up manufacturing of casting, forgings, fittings and high pressure piping re...10 Oct, 2018, 04.36 PM IST
- Window closes today for submitting comments on Voluntary Liquidation regulationsThe Ministry of Corporate Affairs had set-up four working groups of experts and practitioners to facilitate implementation of the Insolvenc...08 Mar, 2017, 11.12 AM IST
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