https://www.taxtmi.com/caselaws?id=286380 The Adjudicating Authority found discrepancies in the valuation of assets by different valuers but noted that assets were sold for more than the liquidation value. The Liquidator failed to secure valuable Germ Plasm/Parent seeds, leading to their loss. The Auction purchaser agreed to pay the difference in asset value, and R6 was directed to compensate for the mishandling of assets. The judgment emphasized maximizing asset value and fair compensation, issuing specific directions to address discrepancies and enhance the Corporate Debtor's asset value. en-us Fri, 09 Aug 2019 00:00:00 +0530 Sun, 23 Feb 2020 12:50:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286380 The Adjudicating Authority found discrepancies in the valuation of assets by different valuers but noted that assets were sold for more than the liquidation value. The Liquidator failed to secure valuable Germ Plasm/Parent seeds, leading to their loss. The Auction purchaser agreed to pay the difference in asset value, and R6 was directed to compensate for the mishandling of assets. The judgment emphasized maximizing asset value and fair compensation, issuing specific directions to address discrepancies and enhance the Corporate Debtor's asset value. Case-Laws Companies Law Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286380