Extracts
Application by creditor in cases of undervalued transactions.
Section 47 - Act - LIQUIDATION PROCESS - Insolvency and Bankruptcy Code, 2016 - Section 47 - 47. (1) Where an undervalued transaction has taken place and the liquidator or the resolution professional as the case may be, has not reported it to the Adj ..... X X X X X X X Extract - Part text only Click here to Access Full Contents X X X X X X X e the Adjudicating Authority, after examination of the application made under sub-section (1), is satisfied that- (a) undervalued transactions had occurred; and (b) liquidator or the resolution professional, as the case may be, after having sufficien ..... X X X X X X X Extract - Part text only Click here to Access Full Contents X X X X X X X
|