Day: November 18, 2020

Creditor may assign/transfer debt during liquidation process under Bankruptcy Regulations

Creditor may assign/transfer debt during liquidation process under Bankruptcy. Liquidator may assign/transfer a not readily realisable asset. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 13th November, 2020 Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020. IBBI/2020-21/GN/REG067.—In exercise of the powers conferred …