Voluntary Liquidation Of Companies Under The Insolvency And Bankruptcy Code, 2016: A Legal Perspective
Yash SharmaJul 27, 202610.5281/zenodo.216245377 pages
This article examines the legal framework governing voluntary liquidation of solvent companies under Section 59 of the Insolvency and Bankruptcy Code, 2016, and the IBBI (Voluntary Liquidation Process) Regulations, 2017. It traces the shift from the Companies Act regime to the IBC, outlines the procedural stages and timelines, discusses recent regulatory amendments (2022, 2024, 2025), and evaluates the practical challenges that continue to affect solvent corporate exits in India.
