Extortionate credit transactions under insolvency law may be challenged when exorbitant payment terms burden the corporate debtor. Extortionate credit transactions are those in which a corporate debtor receives financial or operational debt on terms requiring exorbitant payments during the specified pre-insolvency period. The liquidator or resolution professional may apply to the Adjudicating Authority to avoid such transactions. The Board may specify the applicable circumstances, and compliant debt extended by a person providing financial services is excluded.