IBBI extends deadline to file liquidation forms to December 31
Insolvency and Bankruptcy Board of India (IBBI) on Monday extended the deadline for filing forms to monitor liquidations by a month to December 31.
The extension follows a request by liquidators and Insolvency Professional Agencies, citing technicalities and issues involved in the submission of the forms, the regulator said in a communication to stakeholders.
Earlier, the deadline was extended from September 30 to November 30.
“It is further clarified that, for ongoing liquidation and voluntary liquidation cases, the responsibility for filing all forms shall lie with the Insolvency Professionals (IP) currently handling the process,” the IBBI said.
Moreover, where an application for closure or dissolution has been filed, or an order to this effect has been passed, the relevant IP will be responsible for filing, it added.
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