Section 26 - Application for avoidance of transactions not to affect proceedings. - Insolvency and Bankruptcy Code, 2016

Application for avoidance of transactions not to affect proceedings. 26. The filing of an avoidance application under clause (j) of sub-section (2) of section 25 by the resolution professional shall not affect the proceedings of the corporate insolvency resolution process. *********** Notes:- 1. Come into the force w.e.f. 01-12-2016 [F. N. 30/7/2016-Insolvency] S.O. 3594(E) dated 30-11-2016