Section 21A(2)(a) in Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
(a)as much towards the amount payable under clause (a) and sub-clause (i) of clause (b) of sub-section (1) of section 53, as it would have shared in case it had relinquished the security interest, to the liquidator within ninety days from the liquidation commencement date; and