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 ... Summary
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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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