TMI BlogThe Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... The Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 - News and Press Release Dated:- 16-1-2020 - News - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2020 on 15th January. 2020. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. The said amendment provides that a Liquidator shall deposit the amount of unclaimed dividends, if any, and undistributed proceeds, if any, in a liquidation process along with any income e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arned thereon into the Corporate Voluntary Liquidation Account before he submits an application for dissolution of the corporate person. It also provides a process for a stakeholder to seek withdrawal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from the Corporate Voluntary Liquidation Account. 3. The amended regulations are effective from today. These are available at www.mca.gov.in and www.ibbi.gov.in. - News - Press ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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