Who can make an application to the Adjudicating Authority for avoidance of extortionate credit transactions if the terms of such transaction required exorbitant payments to be made by the corporate debtor as per the provisions of the IBC?

Section 50-Extortionate credit transactions: (1) Where the corporate debtor has been a party to an extortionate credit transaction involving the receipt of financial or operational debt during the period within two years preceding the insolvency commencement date, the liquidator or the resolution professional as the case may be, may make an application for avoidance of such transaction to the Adjudicating Authority if the terms of such transaction required exorbitant payments to be made by the corporate debtor.