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Home Acts & Rules Insolvency and Bankruptcy Act Insolvency and Bankruptcy Code, 2016 Chapters List Chapter III (of Part II) LIQUIDATION PROCESS This
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Section 36 - Liquidation Estate. - Insolvency and Bankruptcy Code, 2016

Extract

..... rate debtor has ownership rights, including all rights and interests therein as evidenced in the balance sheet of the corporate debtor or an information utility or records in the registry or any depository recording securities of the corporate debtor or by any other means as may be specified by the Board, including shares held in any subsidiary of the corporate debtor; (b) assets that may or may not be in possession of the corporate debtor including but not limited to encumbered assets; (c) tang .....

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Section 36 - Liquidation Estate. - Insolvency and Bankruptcy Code, 2016

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..... any third party; (ii) bailment contracts; (iii) all sums due to any workman or employee from the provident fund, the pension fund and the gratuity fund; (iv) other contractual arrangements which do not stipulate transfer of title but only use of the assets; and (v) such other assets as may be notified by the Central Government in consultation with any financial sector regulator; (b) assets in security collateral held by financial services providers and are subject to netting and set-off in mult .....

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Section 36 - Liquidation Estate. - Insolvency and Bankruptcy Code, 2016

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