https://www.taxtmi.com/acts?id=31023 Undervalued transactions permit the liquidator or resolution professional to apply to the Adjudicating Authority to declare and reverse transactions made during the relevant period that are gifts or transfers for significantly inadequate consideration and that did not occur in the corporate debtor's ordinary course of business, enabling voidance and restoration of the debtor's estate under the Chapter. en-us Tue, 02 Jan 2018 14:29:07 +0530 Fri, 06 Dec 2019 14:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31023 Undervalued transactions permit the liquidator or resolution professional to apply to the Adjudicating Authority to declare and reverse transactions made during the relevant period that are gifts or transfers for significantly inadequate consideration and that did not occur in the corporate debtor's ordinary course of business, enabling voidance and restoration of the debtor's estate under the Chapter. Act-Rules IBC Tue, 02 Jan 2018 14:29:07 +0530 https://www.taxtmi.com/acts?id=31023