The Insolvency and Bankruptcy Code, 2016

PART II Insolvency Resolution and Liquidation for Corporate Persons

CHAPTER III Liquidation Process

Section 41: Determination of valuation of claims:

41.The liquidator shall determine the value of claims admitted under section 40 in such manner as may be specified by the Board.

Related posts:

Section 79: Definitions of Part-III
Section 33: Initiation of liquidation
Section 30: Submission of resolution plan