Insolvency & Bankruptcy
Not Readily Realisable Assets (NRRA) under the Insolvency and Bankruptcy Code, 2016
Regulation 37A of the IBBI (Liquidation Process) Regulations, 2016
A comprehensive note on the NRRA mechanism available during liquidation — the statutory framework, the essential test, valuation, the transparent assignment process, SCC consultation, and practical guidance for recovery rights where respondents are untraceable.
