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        IBC

        Section 41 - Determination of valuation of claims. (Omitted)

        Insolvency and Bankruptcy Code, 2016
        Chapter III (of Part II)
        LIQUIDATION PROCESS

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        Determination of claim valuation in liquidation was assigned to the liquidator under the Board's specified manner. Section 41 concerned the determination of the value of claims in liquidation. It provided that the liquidator would determine the value of claims admitted under section 40 in the manner specified by the Board. The section was later omitted, and the note records its original text and deletion.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Determination of claim valuation in liquidation was assigned to the liquidator under the Board's specified manner.

                          Section 41 concerned the determination of the value of claims in liquidation. It provided that the liquidator would determine the value of claims admitted under section 40 in the manner specified by the Board. The section was later omitted, and the note records its original text and deletion.


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