https://www.taxtmi.com/caselaws?id=101548 The High Court of Gujarat upheld the lower court's directions in Company Application No. 29 of 1988, emphasizing the court's control over confirming sales in liquidation proceedings to secure adequate prices for the company's assets. The court dismissed the appellant's appeal, highlighting the importance of fair competition and protecting the company's interests. The court denied the appellant's request for a stay on the judgment, allowing the auction to proceed without interruption. en-us Wed, 09 Mar 1988 00:00:00 +0530 Fri, 10 Feb 2012 11:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101548 The High Court of Gujarat upheld the lower court's directions in Company Application No. 29 of 1988, emphasizing the court's control over confirming sales in liquidation proceedings to secure adequate prices for the company's assets. The court dismissed the appellant's appeal, highlighting the importance of fair competition and protecting the company's interests. The court denied the appellant's request for a stay on the judgment, allowing the auction to proceed without interruption. Case-Laws Companies Law Wed, 09 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101548