Role of Resolution Professional in Reporting Fraudulent & Avoidable Transactions under the Insolvency and Bankruptcy Code, 2016
Lead author · Corresponding
Shilpa Newati Dheer
Ph.D. Research Scholar at Faculty of Law, University of Delhi, Delhi, India
View PDF
Full text
DOIhttps://doij.org/10.10000/IJLMH.115719
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.