Avoidance transactions declaration under insolvency law requires disclosure of relevant transactions and supporting particulars in the prescribed form. Form P7 required the authorised officer of a corporate debtor to declare whether the debtor had been subject to any avoidance transactions under Chapter III or Chapter VI of the Insolvency and Bankruptcy Code, 2016 in a pre-packaged insolvency resolution process. If such transactions existed, the declaration had to list the relevant particulars, including the nature of the transaction, the applicable provision, the amount involved and any remarks, with supporting details and documents enclosed as an annexure.