Regulation 47 guides corporate debtor property auctions in liquidation, offering a flexible Model Timeline for efficient completion. https://www.taxtmi.com/highlights?id=61961 Liquidation proceedings - Period of limitation - Auction of property of the corporate debtor - It is pertinent to mention that Liquidation Process Regulation 47 deals with the Model Timeline for Liquidation Process. Model Timeline is only a directory in nature. It cannot be considered a deadline. It is provided under Regulation as a guiding factor to complete the liquidation process in a time-bound manner. In exceptional circumstances, such a time limit can be extended. - AT en-us Wed, 16 Feb 2022 12:34:28 +0530 Wed, 16 Feb 2022 12:34:28 +0530 TaxTMI RSS Generator Regulation 47 guides corporate debtor property auctions in liquidation, offering a flexible Model Timeline for efficient completion. https://www.taxtmi.com/highlights?id=61961 Liquidation proceedings - Period of limitation - Auction of property of the corporate debtor - It is pertinent to mention that Liquidation Process Regulation 47 deals with the Model Timeline for Liquidation Process. Model Timeline is only a directory in nature. It cannot be considered a deadline. It is provided under Regulation as a guiding factor to complete the liquidation process in a time-bound manner. In exceptional circumstances, such a time limit can be extended. - AT Highlights Insolvency and Bankruptcy Wed, 16 Feb 2022 12:34:28 +0530 https://www.taxtmi.com/highlights?id=61961