https://www.taxtmi.com/acts?id=31029 Upon satisfaction under section 50(1) that a credit transaction imposed extortionate terms, the Adjudicating Authority may restore the pre-transaction position, set aside whole or part of the debt, modify the transaction terms, require repayment by any party who received amounts, or require relinquishment of any security interest in favour of the liquidator or the resolution professional. en-us Tue, 02 Jan 2018 14:33:11 +0530 Fri, 06 Dec 2019 14:16:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31029 Upon satisfaction under section 50(1) that a credit transaction imposed extortionate terms, the Adjudicating Authority may restore the pre-transaction position, set aside whole or part of the debt, modify the transaction terms, require repayment by any party who received amounts, or require relinquishment of any security interest in favour of the liquidator or the resolution professional. Act-Rules IBC Tue, 02 Jan 2018 14:33:11 +0530 https://www.taxtmi.com/acts?id=31029