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Substitution of new section for section 47

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Full Text of the Document

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....ransactions or trading. "47. (1) Where- (a) a preferential transaction under section 43; (b) an undervalued transaction under section 45; (c) an extortionate credit transaction under section 50; or (d) fraudulent or wrongful trading under section 66, has occurred and the liquidator or the resolution professional, as the case may be, has not rep....