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Section 26 - Insolvency and Bankruptcy Code Act, 2016
26. Application for avoidance of transactions not to affect proceedings.-
The filing of an avoidance application under clause (j) of sub-section (2) of section 25 by the resolution professional shall not affect the proceedings of the corporate insolvency resolution process.
Related Sections
- Section 77: Punishment for providing false information in application made by corporate debtor
- Section 140: Disqualification of bankrupt
- Section 185: Punishment for contravention of provisions
- Section 157: Acquisition of control by bankruptcy trustee
- Section 44: Orders in case of preferential transactions
Related Acts
- Criminal Procedure (Identification) Act, 2022
- Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023
- The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
- Code of Criminal Procedure Act, 1973
- Direct Tax Vivad Se Vishwas Act, 2020
* Only for reference.