TMI BlogMandatory Use of eBKray Auction Platform for Liquidation ProcessesX X X X Extracts X X X X X X X X Extracts X X X X ..... y Professional Agencies (By mail to registered email addresses and on the website of the IBBI) Dear Madam/Sir, Subject: Mandatory Use of eBKray Auction Platform for Liquidation Processes In continuation of efforts to streamline the liquidation process and improve transparency, the Insolvency and Bankruptcy Board of India (IBBI), through circular No. IBBI/LIQ/78/2024 dated 29th October 2024, i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons for sale of assets during the liquidation process with effect from 1st April 2025. It is further directed that listing of unsold assets in all ongoing liquidation cases shall be completed by 31st March 2025.
5. This is issued in exercise of the powers conferred under section 196 of the Insolvency and Bankruptcy Code, 2016.
Yours faithfully,
-Sd-
(Rajesh Tiwari)
General Manager X X X X Extracts X X X X X X X X Extracts X X X X
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