Circular

Circular No. IBBI/VL/028/2020, dt. 20-01-2020

Deposit of Unclaimed Dividends and/or Undistributed Proceeds of Liquidation Process in accordance with Regulation 39 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017

The Insolvency and Bankruptcy Board of India (IBBI), vide the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2020, inter alia, amended regulation 39 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (Regulations).