What is the relevant period for avoiding any undervalued transactions ?

The relevant period for avoiding any undervalued transaction is contained in section 46 of the Insolvency and Bankruptcy Code, 2016. It states that if in an application, the Liquidator or Resolution Professional demonstrates, That the transaction was entered with any person within the period of one year preceding the Insolvency Commencement Date; or That the transaction was made within a related party within a period of two years preceding the Insolvency Commencement Date. The Adjudicating Authority may require an independent expert to assess evidence relating to the value of the transactions mentioned in this section.