The Insolvency and Bankruptcy Code, 2016
PART II Insolvency Resolution and Liquidation for Corporate Persons
CHAPTER II Corporate Insolvency Resolution Process(CIRP)
Section 26: Application for avoidance of transactions not to affect proceedings:
26. The filing of an avoidance application under clause (j) of sub-section (2) of section 25 by the resolution professional shall not affect the proceedings of the corporate insolvency resolution process.
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