Examples of Liquidation Process Regulations in a sentence
The Participants are encouraged to make themselves acquainted with the provisions of the IBC and the Liquidation Process Regulations and any other rules, regulations, orders, circulars, directions or notifications or the like, issued pursuant to or under the IBC or the Liquidation Process Regulations, as the case may be.
WHEREAS the Liquidator has invited prospective Process Applicants for the purpose of submission of offer through Process in respect of assignment of NRRA assets in accordance with the provisions of Insolvency and Bankruptcy Code, 2016 (“IBC”) read with the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (“Liquidation Process Regulations”) and in accordance with the provisions of Process Information Document.
As per the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, the Liquidator is authorized to assign the Not Readily Realisable Assets through a transparent process.
The Process Applicants are encouraged to make themselves acquainted with the provisions of the IBC and the Liquidation Process Regulations and any other rules, regulations, orders, circulars, directions or notifications or the like, issued pursuant to or under the IBC or the Liquidation Process Regulations, as the case maybe.
This Process Information Document is intended to provide useful information for the Process Applicants interested to participate in the process & and interested to acquire NRR Assets of Kanakadhara Ventures Private Limited (In Liquidation) (“Corporate Debtor”) under the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code” or “IBC”) and the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (“Liquidation Process Regulations”).