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IBC - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Setting aside the transaction - Preferential or undervalued - no ...

Insolvency and Bankruptcy

June 4, 2019

Setting aside the transaction - Preferential or undervalued - no case is made out by the RP that any business of the CD has been carried out with the intent to defraud the creditors or for any fraudulent purpose - Respondents are not a related party nor the transactions were made during relevant period - A so called alleged violation of Section 43 or Section 45 or Section 46 cannot be termed to be made for fraudulent purpose

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