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so hi everyone so today we are going to start with the concept called as liquidation under insolvency and bankruptcy code so the liquidation concept will be the last area to the insolvency and bankruptcy code ppirp all those things are already completed so the last area for insolvency code will be the basics of liquidation and the liquidation process so some sections are there important sections around 10 sections are there so once we complete those 10 sections the main liquidation area under ibc will be completed so lets see the liquidation concept how it actually works in insolvency and bankruptcy code okay so lets make it so liquidation process so lets see the screen first one basics of liquidation so in basics of liquidation as you already see on the screen first page will contain 33 34 and 35 so let us see what it is first initiate process of liquidation when the liquidation process will start first the grounds three situations may come which may call for the liquidation under