https://www.taxtmi.com/highlights?id=58500 Avoidable transactions - undervalued or preferential transactions - gifts made to related party - It is concluded that the impugned transactions as alleged by the Liquidator in relation to Respondents 1 to 3 constitute undervalued transactions as envisaged under Section 45 of IBC, 2016 and in the circumstances, the relief as sought for by the Applicant in clause (a) of Para VII is granted - Tri en-us Fri, 25 Jun 2021 07:54:27 +0530 Fri, 25 Jun 2021 07:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58500 Avoidable transactions - undervalued or preferential transactions - gifts made to related party - It is concluded that the impugned transactions as alleged by the Liquidator in relation to Respondents 1 to 3 constitute undervalued transactions as envisaged under Section 45 of IBC, 2016 and in the circumstances, the relief as sought for by the Applicant in clause (a) of Para VII is granted - Tri Highlights Insolvency and Bankruptcy Fri, 25 Jun 2021 07:54:27 +0530 https://www.taxtmi.com/highlights?id=58500