https://www.taxtmi.com/caselaws?id=407132 The Tribunal dismissed the Applicant's claims, upholding the actions of the Liquidator in conducting the sale transparently and in compliance with regulations. The sale of metal scraps and sheds was deemed valid, having been completed at a price exceeding the reserve price. The Tribunal found no irregularities in the Private Sale process, which maximized asset value for stakeholders. Consequently, the interim status quo order was lifted, and the applications were disposed of accordingly. en-us Mon, 12 Apr 2021 00:00:00 +0530 Sat, 01 May 2021 09:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407132 The Tribunal dismissed the Applicant's claims, upholding the actions of the Liquidator in conducting the sale transparently and in compliance with regulations. The sale of metal scraps and sheds was deemed valid, having been completed at a price exceeding the reserve price. The Tribunal found no irregularities in the Private Sale process, which maximized asset value for stakeholders. Consequently, the interim status quo order was lifted, and the applications were disposed of accordingly. Case-Laws Insolvency and Bankruptcy Mon, 12 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407132