https://www.taxtmi.com/acts?id=31024 Section 46 of the Insolvency and Bankruptcy Code, 2016 prescribes the relevant period for an application to avoid an undervalued transaction during liquidation. The liquidator or resolution professional must show that a transaction with a person other than a related party was entered into within the period beginning one year before the initiation date and ending on the insolvency commencement date. Where the transaction was with a related party, the relevant period extends to two years before the initiation date and ends on the insolvency commencement date. en-us Tue, 02 Jan 2018 14:29:35 +0530 Tue, 26 May 2026 11:50:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31024 Section 46 of the Insolvency and Bankruptcy Code, 2016 prescribes the relevant period for an application to avoid an undervalued transaction during liquidation. The liquidator or resolution professional must show that a transaction with a person other than a related party was entered into within the period beginning one year before the initiation date and ending on the insolvency commencement date. Where the transaction was with a related party, the relevant period extends to two years before the initiation date and ends on the insolvency commencement date. Act-Rules IBC Tue, 02 Jan 2018 14:29:35 +0530 https://www.taxtmi.com/acts?id=31024