Liquidation Process Regulation 36 of IBBI (Liquidation Process) Regulations, 2016 – Asset sale report

The Insolvency and Bankruptcy Code, 2016 IBBI (Liquidation Process) Regulations, 2016 Chapter-VI Realisation of Assets Regulation 36: Asset […]

PDF & Print

The Insolvency and Bankruptcy Code, 2016

IBBI (Liquidation Process) Regulations, 2016

Chapter-VI Realisation of Assets

Regulation 36: Asset sale report.

36. On sale of an asset, the liquidator shall prepare an asset sale report in respect of said asset, to be enclosed with the Progress Reports, containing –

(a) the realized value;

(b) cost of realization, if any;

(c) the manner and mode of sale;

(d) if the value realized is less than the value in the asset memorandum, the reasons for the same;

(e) the person to whom the sale is made; and

(f) any other details of the sale.



Access complete Bare Act here. To research Section and sub-section wise judgments, visit here.


Follow for daily updates:


Scroll to Top