Question
A preference shall be deemed to be given at a relevant
time under the IBC a preference is given to a person other than a related party during the period of _____________Solution
Section 43-Preferential transactions and relevant time: (4) A preference shall be deemed to be given at a relevant time, if— (a) it is given to a related party (other than by reason only of being an employee), during the period of two years preceding the insolvency commencement date; or (b) a preference is given to a person other than a related party during the period of one year preceding the insolvency commencement date.
The book ‘Lockdown Liaisons’ authored by Shobhaa De and Published by:
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1. India's campaign at the Squash World Cup 2023 ended in the sem...
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Indonesia – C....
