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of <h1>Liquidators Can Sell Assets Individually, Collectively, or as a Going Concern Under Regulation 32 of 2016 Regulations.</h1> Regulation 32 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, outlines the methods a liquidator may use to sell assets during liquidation. The liquidator can sell assets individually, collectively, in parcels, or as a slump sale. Additionally, the corporate debtor or its business can be sold as a going concern. However, if an asset is under a security interest, it cannot be sold unless the security interest is relinquished to the liquidation estate. These provisions were updated and substituted in 2018 to refine the methods of asset realization.
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