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2023 (11) TMI 109

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..... under Sections 43, 45, 50 66 of IBC, 2016 before the adjudication of Avoidance/PUFE of proceedings by Liquidator - HELD THAT:- The issue which is sought to be raised by the appellant need not be entertained and decided in the appeal which has been filed by the Liquidator. The appeal is dismissed. - [ Justice Ashok Bhushan ] Chairperson , [ Mr. Barun Mitra ] Member ( Technical ) And [ Mr .....

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..... not come up in the appeal but it is the liquidator who has come up in the appeal. 5. Learned Counsel for the appellant submits that in paragraph 24 of the Judgment Adjudicating Authority has recorded his conclusion that liquidator cannot assign the debt under Sections 43, 45, 50 66 of IBC, 2016 before the adjudication of Avoidance/PUFE of proceedings. He submits that the said observations are .....

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..... edit and fraudulent transactions referred to in sections 43 to 51 and section 66 of the Code]. 6. The issue which is sought to be raised by the appellant need not be entertained and decided in the appeal which has been filed by the Liquidator. However, we are of the view that question of law expressed by the Adjudicating Authority in paragraph 24 (b) (f) are left open and to be decided in a .....

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