https://www.taxtmi.com/news?id=22810 Resolution professionals and liquidators must identify and pursue avoidance transactions-preferential, undervalued, extortionate and fraudulent-by forming an opinion, making determinations, and filing applications with the Adjudicating Authority to claw back value for the estate. The Supreme Court prescribed a structured retrospective review of transactions up to two years before the insolvency commencement date, categorisation of counterparties, narrowing of review windows for unrelated parties, and distinct enquiries for preferential versus undervalued or fraudulent transfers. en-us Mon, 11 May 2020 17:59:22 +0530 Mon, 11 May 2020 17:59:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22810 Resolution professionals and liquidators must identify and pursue avoidance transactions-preferential, undervalued, extortionate and fraudulent-by forming an opinion, making determinations, and filing applications with the Adjudicating Authority to claw back value for the estate. The Supreme Court prescribed a structured retrospective review of transactions up to two years before the insolvency commencement date, categorisation of counterparties, narrowing of review windows for unrelated parties, and distinct enquiries for preferential versus undervalued or fraudulent transfers. News - Mon, 11 May 2020 17:59:22 +0530 https://www.taxtmi.com/news?id=22810