Liquidation Value. As per Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2017, Resolution professional shall not disclose the Liquidation Value of the Corporate Debtor to anyone except members of Committee of Creditors. The Receiving party shall not ask at any point of time to resolution professional to provide the liquidation value of the Corporate Debtor. Liquidation Value is confidential information and is not to be shared by Resolution Professional.
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Samples: Confidentiality and Non Circumvention Agreement, Confidentiality and Non Circumvention Agreement, Confidentiality and Non Disclosure Agreement