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Section48
The Insolvency and Bankruptcy Code, 2016

Order in cases of undervalued transactions

In force Act 31 of 2016 As on 16 Oct 2026

Act 31 of 2016 Ministry Corporate Affairs Enacted 28 May 2016 Cited by 1 provision

Section 48 of the Insolvency and Bankruptcy Code, 2016 deals with order in cases of undervalued transactions. The order of the Adjudicating Authority under sub-section (1) of section 45 may provide for the following:— (a) require any property transferred as part of the transaction, to be vested in the corporate debtor; The Act was enacted on 28 May 2016.

The order of the Adjudicating Authority under sub-section (1) of section 45 may provide for the following:—

(a) require any property transferred as part of the transaction, to be vested in the corporate debtor;

(b) release or discharge (in whole or in part) any security interest granted by the corporate debtor;

(c) require any person to pay such sums, in respect of benefits received by such person, to the liquidator or the resolution professional as the case may be, as the Adjudicating Authority may direct; or

(d) require the payment of such consideration for the transaction as may be determined by an independent expert.

Section 48, The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 45 Avoidance of undervalued transactions

Referred to by 1

  1. s. 47 Application by creditor in cases of undervalued transactions

Questions about Section 48

What does Section 48 of the Insolvency and Bankruptcy Code deal with?

Section 48 of the Insolvency and Bankruptcy Code is headed "Order in cases of undervalued transactions". The order of the Adjudicating Authority under sub-section (1) of section 45 may provide for the following:— (a) require any property transferred as part of the transaction, to be vested in the corporate debtor;

How do I find court cases under Section 48 of the Insolvency and Bankruptcy Code?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Insolvency and Bankruptcy Code 48, section 48 Insolvency and Bankruptcy Code, section 48 of the Insolvency and Bankruptcy Code. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 48 of the Insolvency and Bankruptcy Code, and has it changed?

Its own text turns on section 45 (Avoidance of undervalued transactions), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 48 of the Insolvency and Bankruptcy Code enacted?

Section 48 of the Insolvency and Bankruptcy Code, cited as Insolvency and Bankruptcy Code 48, was enacted on 28 May 2016 as Act 31 of 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 16 Oct 2026. This page is not a substitute for legal advice.