IBBI extends deadline for filing e-forms detailing liquidation processes till March
IBBI has extended the deadline till March 31 for insolvency professionals to submit electronic forms with details about liquidation and voluntary liquidation processes for cases under the insolvency law. In a circular on Thursday, IBBI said the deadline has been extended following representations from liquidators and insolvency professional agencies, citing technical challenges in submitting the required forms.
ET Year-end Special Reads
Buying a home in 2025? Here's how property market can shape up
18 top stock picks for 2025 from 6 leading brokers
Five big bangs that shook the corporate world in 2024
The Insolvency and Bankruptcy Board of India (IBBI), in June 2024, introduced a set of forms on an electronic platform to capture the details of the liquidation processes, in order to enable systematic and transparent record keeping and seamless reporting.
Presently, Insolvency Professionals (IPs) submit the requisite details to IBBI through e-mails.
This is the second time that the regulator has extended the deadline. Initially, the last date was September 30, 2024, and the same was first extended till December 31, 2024.
«Considering the representations and difficulties faced by the liquidators, it has been decided to extend the last date of submission of the liquidation and voluntary liquidation forms till March 31, 2025,» the IBBI said in the circular.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial
