https://www.taxtmi.com/acts?id=31561 Liquidation sale of assets may be made on a standalone basis, by slump sale, by a set of assets collectively, or by assets in parcels. If an asset is subject to security interest, it cannot be sold under these modes unless the security interest has been relinquished to the liquidation estate. The liquidator must also not sell immovable or movable property, or actionable claims, to a person ineligible to be a resolution applicant under section 29A. en-us Thu, 04 Jan 2018 11:02:50 +0530 Tue, 09 Jun 2026 10:53:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31561 Liquidation sale of assets may be made on a standalone basis, by slump sale, by a set of assets collectively, or by assets in parcels. If an asset is subject to security interest, it cannot be sold under these modes unless the security interest has been relinquished to the liquidation estate. The liquidator must also not sell immovable or movable property, or actionable claims, to a person ineligible to be a resolution applicant under section 29A. Act-Rules IBC Thu, 04 Jan 2018 11:02:50 +0530 https://www.taxtmi.com/acts?id=31561