Assessment of Compromise or Arrangement

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..... Regulations, 2016 - Act-Rules - 1 [ 39BA. Assessment of Compromise or Arrangement. (1) While deciding to liquidate the corporate debtor under section 33, the committee shall examine whether t .....

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..... the resolution professional and the committee shall keep exploring the possibility of compromise or arrangement during the period the application to liquidate the corporate debtor is pending before th .....

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