New Delhi, Jan. 8 -- The Insolvency and Bankruptcy Board of India (IBBI) has rolled out a simplified and streamlined framework for reporting liquidation-related developments, replacing the existing system with four standardised online forms that track the liquidation process from commencement to closure.

New Framework Effective January 1, 2026

In a circular issued on January 5, the regulator said the revised reporting framework will be applicable from January 1, 2026, and will apply to all liquidation proceedings under the Insolvency and Bankruptcy Code (IBC).

All filings related to liquidation must now be submitted exclusively through the IBBI's electronic platform, within prescribed timelines and using digital signatures or e-signing...