Section 45 of IBC : Section 45: Avoidance Of Undervalued Transactions
IBC
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Imagine a company, XYZ Pvt Ltd, is going through insolvency proceedings. Six months before the insolvency process started, the company sold a piece of land worth $1 million to its CEO's brother for just $100,000. This transaction was not a normal part of the company's business operations.
The resolution professional, upon reviewing the company's transactions, identifies this...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
Update: Discover how KanoonGPT revolutionizes legal research! Watch our demo video on the homepage to see how you can chat with various legal sections using our innovative hybrid AI search. Enjoy free unlimited AI access for a limited time!
Update: Page bookmarking and open in new tab is now supported! Simply use your browser's bookmark manager to save this page for quick access later.
Update: All Judiciary Acts to be available within a week.
Download Digital Bare Acts on mobile or tablet with "Kanoon Library" app
