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Sale as a going concern (Omitted)

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....ed 16-09-2022 before it was read as, "(4) If the liquidator is unable to sell the corporate debtor or its business under clause (e) or (f) of regulation 32 within ninety days from the liquidation commencement date, he shall proceed to sell the assets of the corporate debtor under clauses (a) to (d) of regulation 32." 3. Inserted vide Notification No. IBBI/2023-24/GN/REG112 dated 12-02-2....

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.... Resolution Process for Corporate Persons) Regulations, 2016 shall be sold as a going concern. (3)  Where the committee of creditors has not identified the assets and liabilities under sub-regulation (2) of regulation 39C of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the liquidator shall identify and group the assets....

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