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Transactions defrauding creditors

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Full Text of the Document

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....ion was deliberately entered into by such debtor- (a) for keeping its assets beyond the reach of any person who is entitled to make a claim against the debtor; or (b) in order to adversely affect the interests of such a person in relation to the claim, the Adjudicating Authority shall make an order,- (i) restoring the position as it existed before such transaction, as....