https://www.taxtmi.com/caselaws?id=392944 The National Company Law Tribunal, Kolkata, approved the bid of successful bidders for a sum of Rs. 70 Crores for the Corporate Debtor and allowed them to commence work before paying the first installment to make the Corporate Debtor operational. The Tribunal directed the successful bidders to pay the first installment within three days and commence work under the Liquidator's supervision to operationalize the Corporate Debtor, while the possession of assets remained with the Liquidator. en-us Wed, 23 Oct 2019 00:00:00 +0530 Mon, 02 Mar 2020 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392944 The National Company Law Tribunal, Kolkata, approved the bid of successful bidders for a sum of Rs. 70 Crores for the Corporate Debtor and allowed them to commence work before paying the first installment to make the Corporate Debtor operational. The Tribunal directed the successful bidders to pay the first installment within three days and commence work under the Liquidator's supervision to operationalize the Corporate Debtor, while the possession of assets remained with the Liquidator. Case-Laws Insolvency and Bankruptcy Wed, 23 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392944