Extension of Time for Filing Forms to Monitor Liquidation and Voluntary Liquidation Processes

Act Name/Rule Name: Insolvency and Bankruptcy Code, 2016

Type of Document: Circular

Date: 09th January 2025

Circular No./Notification No.: IBBI/LIQ/80/2024

This circular from the Insolvency and Bankruptcy Board of India (IBBI) extends the deadline for filing forms related to liquidation and voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016.
Key points include:

  • The initial deadline was 30th September 2024, extended to 31st December 2024, and now further extended to 31st March 2025.
  • The extension follows representations from liquidators and Insolvency Professional Agencies regarding technical difficulties in submitting the forms.
  • IPs are directed to ensure the accuracy and truthfulness of the information submitted in the forms, and to avoid entering incorrect values such as zero.
  • For clarification or technical issues, IPs can refer to FAQs or report difficulties to the provided email i.e. formsupport@ibbi.gov.in.

Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article. 

To stay updated Subscribe to our newsletter today

Explore other Legal updates on the 1-Comply and follow us on LinkedIn to stay updated 

Schedule A Demo