Abstract
The Insolvency and Bankruptcy Code, 2016 (IBC) has revolutionized India's insolvency resolution process, providing a robust legal framework to address financial distress and protect the interests of stakeholders. This research paper aims to delve into the critical concepts of fraudulent and avoidable transactions within the ambit of IBC and the role, powers and duties of interim resolution profession/ resolution profession in relation to identification and reporting of fraudulent and avoidable transactions.
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