In June 2026, what corporate liquidation timeline did the IBBI's Fourth Amendment Regulations specify for completing the process?
Question and options
In June 2026, what corporate liquidation timeline did the IBBI's Fourth Amendment Regulations specify for completing the process?
- 90 days
- 270 days
- 180 days
- 365 days
Answer and explanation
Correct answer: C - 180 days
The regulations were notified on 1 June 2026. They aligned the liquidation timeline with the amended Insolvency and Bankruptcy Code by reducing it to 180 days.
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