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.
Insolvency and Bankruptcy Code 2016
Section 21 Committee of creditors
Section 22 Appointment of resolution professional
Section 23 Resolution professional to conduct corporate insolvency resolution process
Section 24 Meeting of committee of creditors
Section 25 Duties of resolution professional
Section 26 Application for avoidance of transactions not to affect proceedings
Section 27 Replacement of resolution professional by committee of creditors
Section 28 Approval of committee of creditors for certain actions