Sale of Corporate Debtor as going concern was introduced in March 2018 as one of the methods of sale of assets in IBBI (Liquidation Process) Regulations, 2016. Later in October 2018 the concept of sale of business of the corporate debtor as a going concern was introduced. Liquidation on going concern basis has now become the first endeavor of the liquidators before proceeding for any other methods of sale. Through this podcast, we discuss in detail the various intricacies of the concept of "Liquidation as a going concern" including the international precedents in this regard.

Speaker: CA Sarthak Ohri is a Chartered Accountant currently pursuing Graduate Insolvency Programme at Indian Institute of Corporate Affairs, Manesar.