Section 26: Application for avoidance of transactions not to affect proceedings

Save(0)

No account yet? Register

The Insolvency and Bankruptcy Code, 2016

PART II
Insolvency Resolution and Liquidation for Corporate Persons

CHAPTER II
Corporate Insolvency Resolution Process(CIRP)

Section 26: Application for avoidance of transactions not to affect proceedings:

*26. The filing of an avoidance application under clause (j) of sub-section (2) of section 25 by the resolution professional shall not affect the proceedings of the corporate insolvency resolution process.


Notifications & Circulars

*This shall come into force w.e.f. from 01.12.2016.

Leave a Reply

Your email address will not be published.

WhatsApp Bulletin-26