Applicability of Chapter II to this Chapter [ Section 58 ] - Insolvency Resolution And Liquidation For Corporate Persons - IBC

Applicability of Chapter II to this Chapter [ Section 58 ] The process for conducting a corporate insolvency resolution process under Chapter II and the provisions relating to offences and penalties under Chapter VII shall apply to this Chapter as the context may require. CONDUCT OF THE FAST TRACK PROCESS Regulation 26 - Appointment of registered valuers Regulation 27 - Transfer of debt due to creditors Regulation 28 - Sale of assets outside the ordinary course of business Regulation 29 - Assistance of local district administration Regulation 30 - Fast track process costs