https://www.taxtmi.com/manuals?id=3096 Under Section 35, the liquidator, subject to the Adjudicating Authority, may verify creditor claims; take custody, evaluate, preserve and, if necessary, continue business operations of the corporate debtor; sell assets by auction or contract subject to purchaser eligibility; draw and endorse negotiable instruments; obtain letters of administration; engage professionals; invite and settle claims; institute or defend proceedings; and investigate for undervalued or preferential transactions. Regulation 5 requires preparation and submission of specified reports and preservation of records for eight years, with report access to stakeholders on application, cost payment and confidentiality undertaking. en-us Wed, 16 Aug 2023 12:33:00 +0530 Fri, 08 Dec 2023 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3096 Under Section 35, the liquidator, subject to the Adjudicating Authority, may verify creditor claims; take custody, evaluate, preserve and, if necessary, continue business operations of the corporate debtor; sell assets by auction or contract subject to purchaser eligibility; draw and endorse negotiable instruments; obtain letters of administration; engage professionals; invite and settle claims; institute or defend proceedings; and investigate for undervalued or preferential transactions. Regulation 5 requires preparation and submission of specified reports and preservation of records for eight years, with report access to stakeholders on application, cost payment and confidentiality undertaking. Manuals IBC Wed, 16 Aug 2023 12:33:00 +0530 https://www.taxtmi.com/manuals?id=3096