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        IBC

        Regulation 31 - Manner of sale

        Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017
        Chapter VI
        REALISATION OF ASSETS

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        Asset sale procedures: liquidator may value and sell assets as approved by the company, subject to statutory compliance. The liquidator may value and sell assets only in the manner and mode approved by the corporate person and in compliance with any applicable statutory provisions; 'assets' may mean a single asset, all assets, a set of assets or a parcel of assets when structuring a sale.
                          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.

                              Asset sale procedures: liquidator may value and sell assets as approved by the company, subject to statutory compliance.

                              The liquidator may value and sell assets only in the manner and mode approved by the corporate person and in compliance with any applicable statutory provisions; "assets" may mean a single asset, all assets, a set of assets or a parcel of assets when structuring a sale.


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