Assignment of not readily realisable assets

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Full Text of the Document

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....] committee ^4[****], for a consideration to any person, who is eligible to submit a resolution plan for insolvency resolution of the corporate debtor. Explanation.-For the purposes of this sub-regulation, "not readily realisable asset" means any asset included in the liquidation estate which could not be sold through available options and includes contingent or disputed assets and assets ....