https://www.taxtmi.com/notifications?id=127079 The amendments replace the sale regulation to permit liquidators to sell assets standalone, in slump sales, as sets, in parcels, the corporate debtor or its business as a going concern, provided assets subject to security interest are sold only after relinquishment to the liquidation estate. Valuation is prescribed: existing resolution-stage valuations are averaged; otherwise the liquidator must appoint two registered valuers within seven days, who independently submit realisable-value estimates after physical verification, and the average of those two estimates constitutes the sale value. en-us Mon, 22 Oct 2018 00:00:00 +0530 Wed, 04 Dec 2019 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127079 The amendments replace the sale regulation to permit liquidators to sell assets standalone, in slump sales, as sets, in parcels, the corporate debtor or its business as a going concern, provided assets subject to security interest are sold only after relinquishment to the liquidation estate. Valuation is prescribed: existing resolution-stage valuations are averaged; otherwise the liquidator must appoint two registered valuers within seven days, who independently submit realisable-value estimates after physical verification, and the average of those two estimates constitutes the sale value. Notifications IBC Mon, 22 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127079