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Sale of assets outside the ordinary course of business.

Regulation 29 - Regulation - CONDUCT OF CORPORATE INSOLVENCY RESOLUTION PROCESS - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016 - Regulation 29 - 29. (1) The resolution professional m .....

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the book value of all assets sold during corporate insolvency resolution 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 und .....

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