https://www.taxtmi.com/caselaws?id=393020 The appeal was allowed, setting aside the impugned orders. Maithan Alloys Limited was directed to complete the sale transaction by paying the balance sale consideration. Respondents 2 to 4 were fined for hampering the liquidation process. The judgment highlighted the importance of upholding auction terms to preserve asset value. en-us Wed, 26 Feb 2020 00:00:00 +0530 Tue, 03 Mar 2020 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393020 The appeal was allowed, setting aside the impugned orders. Maithan Alloys Limited was directed to complete the sale transaction by paying the balance sale consideration. Respondents 2 to 4 were fined for hampering the liquidation process. The judgment highlighted the importance of upholding auction terms to preserve asset value. Case-Laws Insolvency and Bankruptcy Wed, 26 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393020