Central · Act 31 of 2016

Section 48 — Order in cases of undervalued transactions.

The Insolvency and Bankruptcy Code, 2016.

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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.

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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2024-07-25. Check the linked official text and subsequent notifications when applying a provision.

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Section 48 — Order in cases of undervalued transactions. | The Insolvency and Bankruptcy Code, 2016. | NYAYA SIGNALNYAYA SIGNAL · Free access · Official source references

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