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Sale of assets outside the ordinary course of business

Regulation 28 - Regulation - CONDUCT OF THE FAST TRACK PROCESS - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 - Regulation 28 - 28. (1) The resolution professional may sel .....

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ook value of all assets sold during fast track process period in aggregate under this sub-regulation shall not exceed ten percent of the total claims admitted by the interim resolution professional. (2) A sale of assets under this Regulation shall re .....

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