Completion of liquidation

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..... nding pendency of any application for avoidance of transactions under 3 [ **** ] Part II of the Code, before the Adjudicating Authority or any action thereof: 5 [ ****** ]] (2) If the liquidator fails to liquidate the corporate debtor within 2 [ one year ] , he shall make an application to the Adjudicating Authority to continue such liquidation, along with a report explaining why the .....

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..... EG079 dated 30-09-2021 before it was read as Chapter III of 4. Inserted vide Notification No. IBBI/2022-23/GN/REG082 dated 28-04-2022 5. Omitted vide Notification No. IBBI/2022-23/GN/REG094 dated 16-09-2022 , before it was read as :- Provided that where the sale is attempted under sub-regulation (1) of regulation 32A, the liquidation process may take an additional period up to nin .....

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