https://www.taxtmi.com/caselaws?id=112832 The High Court upheld the auction sale of assets in a winding up petition case due to non-payment of debentures. The appellant's challenges regarding the valuation report and the authority of the provisional liquidator to sell property were dismissed. The court emphasized the appellant's financial responsibilities and upheld the auction process, ultimately dismissing the appeal against the orders. en-us Wed, 18 Mar 2009 00:00:00 +0530 Fri, 14 Nov 2014 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112832 The High Court upheld the auction sale of assets in a winding up petition case due to non-payment of debentures. The appellant's challenges regarding the valuation report and the authority of the provisional liquidator to sell property were dismissed. The court emphasized the appellant's financial responsibilities and upheld the auction process, ultimately dismissing the appeal against the orders. Case-Laws Companies Law Wed, 18 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112832