Insolvency and Bankruptcy Code, 2016
Insolvency and Bankruptcy Code, 2016
III · Section 48

Order in cases of undervalued transactions

Synced on 05 Jul 2026Text as per India Code

The order of the Adjudicating Authority under sub-section (1) of section 45 may provide for the following:—

(a) require any property transferred as part of the transaction, to be vested in the corporate debtor;

(b) release or discharge (in whole or in part) any security interest granted by the corporate debtor;

(c) require any person to pay such sums, in respect of benefits received by such person, to the liquidator or the resolution professional as the case may be, as the Adjudicating Authority may direct; or

(d) require the payment of such consideration for the transaction as may be determined by an independent expert.

Judgments on Section 48