https://www.taxtmi.com/acts?id=31004 Filing of an application concerning an avoidance transaction, fraudulent or wrongful trading, or an application under section 47 does not suspend or otherwise affect the corporate insolvency resolution process or the liquidation process. The provision preserves the continuity of those insolvency proceedings notwithstanding the pendency of such applications. Completion of the corporate insolvency resolution process or the liquidation process does not terminate or prejudice the continuation of proceedings relating to an avoidance transaction, fraudulent or wrongful trading, or section 47 applications. en-us Tue, 02 Jan 2018 14:01:34 +0530 Tue, 26 May 2026 11:36:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31004 Filing of an application concerning an avoidance transaction, fraudulent or wrongful trading, or an application under section 47 does not suspend or otherwise affect the corporate insolvency resolution process or the liquidation process. The provision preserves the continuity of those insolvency proceedings notwithstanding the pendency of such applications. Completion of the corporate insolvency resolution process or the liquidation process does not terminate or prejudice the continuation of proceedings relating to an avoidance transaction, fraudulent or wrongful trading, or section 47 applications. Act-Rules IBC Tue, 02 Jan 2018 14:01:34 +0530 https://www.taxtmi.com/acts?id=31004