https://www.taxtmi.com/acts?id=54547 Facilitation of transfer of assets in the bankruptcy process of a personal guarantor requires coordination between the bankruptcy trustee and the resolution professional of the related corporate debtor for the purposes of section 28A. The bankruptcy trustee must obtain approval from the meeting of the committee of creditors before transfer of assets, and where approval is granted, ensure that the proposed transfer is appropriately disclosed under regulation 7 and section 155. en-us Thu, 04 Jun 2026 11:59:48 +0530 Fri, 05 Jun 2026 17:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54547 Facilitation of transfer of assets in the bankruptcy process of a personal guarantor requires coordination between the bankruptcy trustee and the resolution professional of the related corporate debtor for the purposes of section 28A. The bankruptcy trustee must obtain approval from the meeting of the committee of creditors before transfer of assets, and where approval is granted, ensure that the proposed transfer is appropriately disclosed under regulation 7 and section 155. Act-Rules IBC Thu, 04 Jun 2026 11:59:48 +0530 https://www.taxtmi.com/acts?id=54547