https://www.taxtmi.com/caselaws?id=109637 The court set aside the impugned common order, directing resales and emphasizing the need for transparency and fair competition in the auction process. The appellants were directed to deposit expenses incurred by the Official Liquidator for the sales and advertisement costs for resales. The Official Liquidator was instructed to proceed with resales in accordance with law, ensuring higher offers are considered. The judgment underscores the court's duty to secure the best possible price for company assets and maintain fairness in the auction process. en-us Tue, 22 Jul 2003 00:00:00 +0530 Wed, 11 Apr 2012 11:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109637 The court set aside the impugned common order, directing resales and emphasizing the need for transparency and fair competition in the auction process. The appellants were directed to deposit expenses incurred by the Official Liquidator for the sales and advertisement costs for resales. The Official Liquidator was instructed to proceed with resales in accordance with law, ensuring higher offers are considered. The judgment underscores the court's duty to secure the best possible price for company assets and maintain fairness in the auction process. Case-Laws Companies Law Tue, 22 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109637