Section – 47 of Insolvency and Bankruptcy Code 2016
Section – 47 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Application by creditor in cases of undervalued transactions. 47. (1) Where an undervalued transaction has taken place and the liquidator or the resolution professional as the case may be, has not reported… Read More »