Resolution Applicant Bids Need Not Match Liquidation Value Under IBC Clause 35; Valuation Guides, Not Dictates, CoC Decisions. https://www.taxtmi.com/highlights?id=51398 Matching of liquidation value in the resolution plan under IBC - No provision in the Code or Regulations has been brought to our notice under which the bid of any Resolution Applicant has to match liquidation value arrived at in the manner provided in Clause 35 - the object behind prescribing such valuation process is to assist the CoC to take decision on a resolution plan properly. en-us Fri, 24 Jan 2020 12:26:41 +0530 Fri, 24 Jan 2020 12:26:41 +0530 TaxTMI RSS Generator Resolution Applicant Bids Need Not Match Liquidation Value Under IBC Clause 35; Valuation Guides, Not Dictates, CoC Decisions. https://www.taxtmi.com/highlights?id=51398 Matching of liquidation value in the resolution plan under IBC - No provision in the Code or Regulations has been brought to our notice under which the bid of any Resolution Applicant has to match liquidation value arrived at in the manner provided in Clause 35 - the object behind prescribing such valuation process is to assist the CoC to take decision on a resolution plan properly. Highlights Insolvency and Bankruptcy Fri, 24 Jan 2020 12:26:41 +0530 https://www.taxtmi.com/highlights?id=51398