In the world of insolvency & bankruptcy in India, PUFE transactions are important and life saver for corporate debtor as for RP. PUFE means Preferential, Undervalued Fraudulent, Extortionate transaction. These are the transactions which directly or indirectly made CD to undergo CIRP or liquidation.
source https://www.caclubindia.com/articles/pufe-transactions-life-saver-for-corporate-debtor-and-for-rp-48572.asp
source https://www.caclubindia.com/articles/pufe-transactions-life-saver-for-corporate-debtor-and-for-rp-48572.asp
Post a Comment
Please drop your feedback, suggestions, query or feedback