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ARTICLE · 20 JULY 2022

Insolvency Round Up - June 2022

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Filing of the list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

IndiaInsolvency/Bankruptcy/Re-Structuring

1. CIRCULARS/NOTIFICATIONS ISSUED BY IBBI

1. Filing of the list of stakeholders under clause (d) of sub-regulation (5) of regulation 31 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

The Insolvency and Bankruptcy Board of India ("IBBI") had released a prescribed format for submission of a list of stakeholders by the Liquidator pursuant to Regulation 31(5)(d) of the IBBI (Liquidation Process) Regulations, 2016.

Under the prescribed format, a particular required to be provided for "Identification No." for seeking identification details of stakeholders. However, in various instances, in the said column, the details of the Aadhar/PAN of the stakeholders were being filled.

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