A transaction made by a corporate debtor within the look-back period (2 years for related parties, 1 year for others) that gives a creditor more than they would receive in liquidation. Can be reversed by the liquidator or RP under Section 43 of IBC.
Last updated: 17 May 2026
A transaction made by a corporate debtor within the look-back period (2 years for related parties, 1 year for others) that gives a creditor more than they would receive in liquidation. Can be reversed by the liquidator or RP under Section 43 of IBC.
Preferential Transaction is significant under IBC because A transaction made by a corporate debtor within the look-back period (2 years for related parties, 1 year for others) that gives a creditor more than they would receive in liquidation. Can be reversed by the liquidator or RP under Section 43 of IBC.
Preferential Transaction under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: A transaction made by a corporate debtor within the look-back period (2 years for related parties, 1 year for others) that gives a creditor more than ...