Section 48:
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;
(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.