https://www.taxtmi.com/caselaws?id=282073 The court addressed unfair practices by respondents to delay auction orders for land and buildings of a company in liquidation. The highest bid of Rs. 1 crore 81 lakhs by M/s ECR Buildtech Pvt. Ltd. was accepted after reviewing the auction process and disqualifying non-compliant bidders. The Official Liquidator was directed to proceed with the highest bid acceptance, emphasizing fair practices in asset sale during liquidation for the company's orderly resolution. en-us Thu, 22 Mar 2018 00:00:00 +0530 Sat, 20 Jul 2019 07:19:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282073 The court addressed unfair practices by respondents to delay auction orders for land and buildings of a company in liquidation. The highest bid of Rs. 1 crore 81 lakhs by M/s ECR Buildtech Pvt. Ltd. was accepted after reviewing the auction process and disqualifying non-compliant bidders. The Official Liquidator was directed to proceed with the highest bid acceptance, emphasizing fair practices in asset sale during liquidation for the company's orderly resolution. Case-Laws Companies Law Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282073