https://www.taxtmi.com/article/detailed?id=9918 The document explains avoidance mechanisms for preferential transactions, undervalued transactions, extortionate credit transactions, and fraudulent trading, and sets out the new obligation on the resolution professional to form an opinion, determine relevant transactions, and file Form CIRP 8 providing prescribed details of the professional, corporate debtor, identified transactions, beneficiaries, values, applications to the Adjudicating Authority, and supporting documents. en-us Tue, 27 Jul 2021 11:09:07 +0530 Tue, 27 Jul 2021 11:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9918 The document explains avoidance mechanisms for preferential transactions, undervalued transactions, extortionate credit transactions, and fraudulent trading, and sets out the new obligation on the resolution professional to form an opinion, determine relevant transactions, and file Form CIRP 8 providing prescribed details of the professional, corporate debtor, identified transactions, beneficiaries, values, applications to the Adjudicating Authority, and supporting documents. Articles Corporate Laws / IBC / SEBI Tue, 27 Jul 2021 11:09:07 +0530 https://www.taxtmi.com/article/detailed?id=9918