The Insolvency and Bankruptcy Board of India (IBBI) has notified amendments to the IBBI (Liquidation Process) Regulations, 2016, introducing a mandatory electronic filing system for liquidation-related forms. The amendments, titled the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2026, came into force on January 2, 2026, upon their publication in the Official Gazette.
The amendment has been issued by the IBBI in exercise of its powers under Section 196(1)(t) read with Section 240 of the Insolvency and Bankruptcy Code, 2016. These provisions empower the Board to frame and amend regulations governing insolvency and liquidation processes in India.
The amendment substitutes Regulation 47B(1) of the 2016 regulations. Under the revised provision, liquidators are now required to file all prescribed forms, along with their enclosures, exclusively on the IBBI’s electronic platform. These filings must be made in accordance with the timelines specified for each form, as notified by the Board from time to time.
Earlier, the regulation did not expressly mandate filing through a centralized electronic platform. The revised rule standardises the filing mechanism and aligns the liquidation process with the broader push towards digitisation and real-time regulatory oversight.
The amendment is aimed at improving transparency, regulatory supervision, and efficiency in liquidation proceedings under the Insolvency and Bankruptcy Code, 2016. By requiring liquidators to submit information electronically, the IBBI seeks to:
- Ensure timely and structured submission of liquidation data
- Enhance monitoring of liquidation processes
- Reduce delays and procedural inconsistencies
- Create a centralised digital repository of liquidation information
The move is also expected to facilitate better data analytics and policy formulation by the regulator.
The IBBI (Liquidation Process) Regulations, 2016 were originally notified on December 15, 2016. The last amendment prior to the present one was carried out in October 2025. The 2026 amendment represents a continuation of the Board’s efforts to modernise insolvency administration through regulatory refinements and technology-driven compliance mechanisms.
Notification Details
Date: 2nd January, 2026
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