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          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.

          <h1>Fair market value determination for slump sale: higher of asset-based valuation or consideration-based valuation at sale date.</h1> Fair market value for a slump sale is the higher of FMV1 and FMV2. FMV1 equals asset aggregate (book value of specified assets plus valuer-based values for jewellery, market-based valuation for shares and stamp-duty value for immovable property) less specified liability exclusions. FMV2 equals monetary consideration plus non-monetary consideration valued under rule 11UA, valuer reports for other property, and stamp-duty value for immovable property. Both valuations are determined on the slump sale date, with 'registered valuer' and 'securities' as defined in rule 11U.

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