https://www.taxtmi.com/caselaws?id=126978 The Supreme Court set aside the Division Bench's decision and accepted the highest offer of Rs.7.60 crores from the intervenor-cum-promoter, M/s. Chiripal Textile Mills Private Limited, to maximize returns for creditors. Specific directions were given for the execution of the sale deed and compensation to affected bidders, emphasizing the importance of resolving the matter fairly and efficiently. en-us Tue, 24 May 2011 00:00:00 +0530 Mon, 20 Nov 2017 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126978 The Supreme Court set aside the Division Bench's decision and accepted the highest offer of Rs.7.60 crores from the intervenor-cum-promoter, M/s. Chiripal Textile Mills Private Limited, to maximize returns for creditors. Specific directions were given for the execution of the sale deed and compensation to affected bidders, emphasizing the importance of resolving the matter fairly and efficiently. Case-Laws Companies Law Tue, 24 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126978