10. Registers and books of account.
(1) Where the books of account of the corporate person are incomplete on the liquidation commencement date, the liquidator shall have them completed and brought up-to-date, with all convenient speed.
(2) The liquidator shall maintain the following registers and books, as may be applicable, in relation to the liquidation of the corporate debtorTo be read as corporate person vide clarification dated 05.05.2017. To view the clarification,Click Here corporate person:-
(a) Cash Book;
(b) Ledger;
(c) Bank Ledger;
(d) Register of Fixed Assets and Inventories;
(e) Securities and Investment Register;
(f) Register of Book Debts and Outstanding Debts;
(g) Tenants Ledger;
(h) Suits Register;
(i) Decree Register;
(j) Register of Claims and Dividends;
(k) Contributories Ledger;
(l) Distributions Register;
(m) Fee Register;
(n) Suspense Register;
(o) Documents Register;
(p) Books Register;
(q) Register of unclaimed dividends and undistributed proceeds; andSubstituted vide Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2020 dated 15.01.2020. To view the notification,Click Here
(q) Register of unclaimed dividends and undistributed properties deposited in accordance with Regulation 39; and
(r) such other books or registers as may be necessary to account for transactions entered into by him in relation to the corporate personSubstituted vide the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022 dated 05.04.2022. To view the Notification, Click Here. corporate debtor.
(3) The registers and books under sub-regulation (2) may be maintained in the forms indicated in Schedule IIRefer Schedule II of Insolvency and Bankruptcy Board of India Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017. To view the schedule,Click Here Schedule ISubstituted vide Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Second Amendment) Regulations, 2026 dated 01.06.2026. To view the notification Click Here. ,with such modifications as the liquidator may deem fit in the facts and circumstances of the liquidation.
(4) The liquidator shall keep receipts for all payments made or expenses incurred by him.