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IBC Updates

IBBI Update - Mandatory Use of eBKray Auction Platform for Liquidation Processes

IBC Updates

IBBI Update - Mandatory Use of eBKray Auction Platform for Liquidation Processes


All IPs handling liquidation processes are hereby directed to exclusively use the eBKray auction platform for conducting auctions for sale of assets during the liquidation process with effect from 1 st April 2025. It is further directed that listing of unsold assets in all ongoing liquidation cases shall be completed by 31st March 2025. Link- View Circular