Liquidator's duty to recover assets and dues ensures time bound realization under liquidation regulations to maximize stakeholder value. Regulation 39 imposes on the liquidator a proactive obligation to pursue recovery and realisation of all assets of, and dues to, the corporate debtor in a time bound manner to ensure maximisation of value for stakeholders under the liquidation regulations.
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.
Liquidator's duty to recover assets and dues ensures time bound realization under liquidation regulations to maximize stakeholder value.
Regulation 39 imposes on the liquidator a proactive obligation to pursue recovery and realisation of all assets of, and dues to, the corporate debtor in a time bound manner to ensure maximisation of value for stakeholders under the liquidation regulations.
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