Section 42(2) in Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
(2)The liquidator shall distribute the proceeds from realization within [ninety days] [Substituted 'six months' by Notification No. IBBI/2019-20/GN/REG047, dated 25.7.2019 (w.e.f. 15.12.2016).] from the receipt of the amount to the stakeholders.
