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Union of India - Section

Section 12 in Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017

12. Consultation with stakeholders.

(1)The stakeholders consulted under section 35(2) shall extend all assistance and cooperation to the liquidator to complete the liquidation of the corporate person.
(2)The liquidator shall maintain the particulars of any consultation with the stakeholders made under this Regulation.