A right of set-off may still be applied in the case of Insubstance Debt Defeasance (ISDD)if the entity intends to settle on a net basis,or to realise the asset and settle the liability simultaneously.

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The Answer of A right of set-off may still be applied in the case of Insubstance Debt Defeasance (ISDD)if the entity intends to settle on a net basis,or to realise the asset and settle the liability simultaneously.

A Right of Set-Off May Still Be Applied in the Case