2.5.11:Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
11. Extortionate credit transactions.
A transaction shall be considered an extortionate credit transaction under section 50(2) where the terms-
(1) require the corporate debtor to make exorbitant payments in respect of the credit provided; or
(2) are unconscionable under the principles of law relating to contracts.