https://www.taxtmi.com/acts?id=31613 Resolution professional may sell unencumbered assets outside the ordinary course of business for better realisation of value, subject to an aggregate book value cap of ten percent of total admitted claims; such sales require committee approval by sixty-six per cent of voting share and confer a free and marketable title on a bona fide purchaser despite constitutional or similar agreements. en-us Thu, 04 Jan 2018 13:13:06 +0530 Fri, 06 Jul 2018 11:36:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31613 Resolution professional may sell unencumbered assets outside the ordinary course of business for better realisation of value, subject to an aggregate book value cap of ten percent of total admitted claims; such sales require committee approval by sixty-six per cent of voting share and confer a free and marketable title on a bona fide purchaser despite constitutional or similar agreements. Act-Rules IBC Thu, 04 Jan 2018 13:13:06 +0530 https://www.taxtmi.com/acts?id=31613