March 28, 2026
Submitted By: Vaibhav Tripathi
Circular - Mandatory Use of Baanknet (formerly eBKray) Auction Platform for Liquidation
IBBI mandated exclusive use of the Baanknet platform for liquidation auctions from 1 April 2025, requiring bidders to submit eligibility documents and EMD online, with forfeiture for ineligible bidders.
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