https://www.taxtmi.com/caselaws?id=280736 A sole bid for sale of a company in liquidation's properties was found to be woefully inadequate and was not accepted. The valuation material was ordered to be resealed and returned to the Official Liquidator, and the sale process was directed to continue through further advertisements and fresh invitations for offers. Claims from creditors were also to be invited, reflecting that the existing offer did not justify confirmation of sale on the material placed before the court. en-us Fri, 04 Dec 2015 00:00:00 +0530 Sun, 19 May 2019 12:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280736 A sole bid for sale of a company in liquidation's properties was found to be woefully inadequate and was not accepted. The valuation material was ordered to be resealed and returned to the Official Liquidator, and the sale process was directed to continue through further advertisements and fresh invitations for offers. Claims from creditors were also to be invited, reflecting that the existing offer did not justify confirmation of sale on the material placed before the court. Case-Laws Companies Law Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280736