Avoidable transactions - undervalued or preferential ...

Insolvency and Bankruptcy

June 25, 2021

Avoidable transactions - undervalued or preferential transactions - gifts made to related party - It is concluded that the impugned transactions as alleged by the Liquidator in relation to Respondents 1 to 3 constitute undervalued transactions as envisaged under Section 45 of IBC, 2016 and in the circumstances, the relief as sought for by the Applicant in clause (a) of Para VII is granted - Tri

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Avoidable transactions - undervalued or preferential ...

Insolvency and Bankruptcy

June 25, 2021

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