https://www.taxtmi.com/acts?id=54554 Facilitation of transfer of assets applies where the corporate debtor in liquidation is a corporate guarantor. The liquidator must coordinate with the resolution professional of the debtor receiving the guarantee regarding transfer of assets in that debtor's resolution process. For the purposes of section 28A, the liquidator must obtain approval from the committee of the corporate guarantor before transfer. If approval is granted, the proposed transfer must be disclosed in the progress report and asset memorandum. en-us Thu, 04 Jun 2026 16:26:24 +0530 Mon, 08 Jun 2026 16:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54554 Facilitation of transfer of assets applies where the corporate debtor in liquidation is a corporate guarantor. The liquidator must coordinate with the resolution professional of the debtor receiving the guarantee regarding transfer of assets in that debtor's resolution process. For the purposes of section 28A, the liquidator must obtain approval from the committee of the corporate guarantor before transfer. If approval is granted, the proposed transfer must be disclosed in the progress report and asset memorandum. Act-Rules IBC Thu, 04 Jun 2026 16:26:24 +0530 https://www.taxtmi.com/acts?id=54554