The Insolvency and Bankruptcy Code, 2016
Part-II Insolvency Resolution and Liquidation for Corporate Persons
Chapter-III Liquidation Process
Section 41: Determination of valuation of claims.
*41.The liquidator shall determine the value of claims admitted under section 40 in such manner as may be specified by the Board.
*This shall come into force w.e.f. from 15.12.2016.
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