The Insolvency and Bankruptcy Code, 2016
IBBI (Voluntary Liquidation Process) Regulations, 2017
Chapter – IV Powers and Functions of the Liquidator
Regulation 8: Reporting.
8. (1) The liquidator shall prepare and submit-
(a) Preliminary Report;
(b) 1[***] Status Report;
(c) Minutes of consultations with stakeholders; and
(d) Final Report
in the manner specified under these Regulations.
(2) Subject to other provisions of these Regulations, the liquidator shall make the reports and minutes referred to sub-regulation (1) available to a stakeholder in either electronic or physical form, on receipt of-
(a) an application in writing;
(b) cost of making such reports available to it; and
(c) an undertaking from the stakeholder that it shall maintain confidentiality of such reports and shall not use these to cause an undue gain or undue loss to itself or any other person.
References
1. Omitted by IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2024 vide Notification No. IBBI/2023-24/GN/REG109 dated 31st January, 2024, w.e.f. 31.01.2024, the word “Annual”.
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